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CHANGZHOU, China, June 11, 2017 /PRNewswire/ -- Trina Solar's PV modules have commenced operations in a 455MW DC solar power plant in Andhra Pradesh developed by SB Energy, a joint venture between SoftBank Group, Bharti Enterprises and Foxconn Technology Group. This is the largest single order that Trina Solar has ever closed in India.

The PV modules supplied for this project were TALLMAX 72-cell polycrystalline panels. TALLMAX modules are recognised by industry professionals for their proven historical performance in the field and the high quality standard. It is one of the industries most trusted products for large-scale solar projects.

The plant, commissioned on March 29, 2017, was designed and developed by SB Energy using the latest technology of module cleaning, site maintenance and security from global best practices. It has the capacity to produce clean electricity for over 700,000 Indian households.

Mr Jifan Gao, Chairman and CEO of Trina Solar said: "We are proud to be the trusted partner of SB Energy for its first large-scale solar project in Andhra Pradesh. This is part of our continued effort to contribute to India's national target of 100GW of solar generation capacity by 2022. We are committed to working with SB Energy in meeting the country's energy demands through clean sources and building a green and sustainable environment."

CHANGZHOU, China, March 13, 2017 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced the completion of its merger (the "merger") with Red Viburnum Company Limited ("Merger Sub"), a wholly-owned subsidiary of Fortune Solar Holdings Limited ("Parent"), pursuant to the agreement and plan of merger (the "merger agreement") dated August 1, 2016 by and among Parent, Merger Sub and the Company. As a result of the merger, the Company ceased to be a publicly traded company and became a wholly-owned subsidiary of Parent.

Under the terms of the merger agreement, each of the Company's ordinary shares, par value US$0.00001 per share (each a "Share" and collectively, the "Shares") issued and outstanding immediately prior to the effective time of the merger, has been cancelled in exchange for the right to receive $0.232 in cash per Share without interest, and each of the Company's American depositary shares, each representing 50 Shares (each an "ADS" and collectively, the "ADSs") issued and outstanding immediately prior to the effective time of the merger, has been cancelled in exchange for the right to receive US$11.60 in cash per ADS without interest, other than (a) certain Shares (including Shares represented by ADSs) owned by Mr. Jifan Gao, Chairman and Chief Executive Officer of the Company and certain of his affiliates, which are rolled over in the transaction and (b) Shares held by shareholders who have validly exercised and not effectively withdrawn or lost their rights to dissent from the merger pursuant to Section 238 of the Companies Law of the Cayman Islands (the "Dissenting Shares"), which have been cancelled and cease to exist in exchange for the right to receive the payment of fair value of the Dissenting Shares in accordance with Section 238 of the Companies Law of the Cayman Islands.

Each certificated shareholder of record as of the effective time of the merger who is entitled to the merger consideration will receive a letter of transmittal and instructions from the paying agent on how to surrender their share certificates in exchange for the merger consideration. Certificated shareholders should wait to receive the letters of transmittal before surrendering their share certificates. Each uncertificated shareholder of record as of the effective time of the merger will receive an amount in cash equal to the amount of the merger consideration to which such holder is entitled as soon as practicable after the effective time. As soon as practicable after receiving the aggregate ADS merger consideration from the paying agent, The Bank of New York Mellon will pay US$11.60 per ADS in cash without interest to holders of ADSs.

The Company also announced today that it has requested that trading of its ADSs on The New York Stock Exchange (the "NYSE") be suspended as of March 13, 2017 (New York time). The Company requested NYSE to file a notification on Form 25 with the Securities and Exchange Commission (the "SEC") to delist the Company's ADSs on the NYSE and deregister the Company's registered securities. The deregistration will become effective in 90 days after the filing of Form 25 or such shorter period as may be determined by the SEC. The Company intends to suspend its reporting obligations under the Securities Exchange Act of 1934, as amended, by filing a Form 15 with the SEC in ten days. The Company's obligations to file with the SEC certain reports and forms, including Form 20-F and Form 6-K, will be suspended immediately as of the filing date of the Form 15 and will terminate once the deregistration becomes effective.

In connection with the merger, Citigroup Global Markets Inc. is serving as the financial advisor to the special committee of the board of directors of the Company (the "Special Committee"). Kirkland & Ellis is serving as the U.S. legal counsel to the Special Committee.

Duff & Phelps, LLC is serving as financial advisor to the investor consortium, and Skadden, Arps, Slate, Meagher & Flom LLP is serving as U.S. legal counsel to the investor consortium.

CHANGZHOU, China, Dec. 7, 2016 /PRNewswire/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it continues to work with all parties involved for completion of the transactions contemplated in the Company's previously announced agreement and plan of merger, dated August 1, 2016, as amended (the "Merger Agreement"), among Fortune Solar Holdings Limited ("Parent"), Red Viburnum Company Limited ("Merger Sub") and the Company.

The Company kindly reminds its shareholders that the Company's extraordinary general meeting of shareholders (the "EGM") to consider and vote on, among other things, the Merger Agreement, the Plan of Merger (as defined below) and the transactions contemplated thereby, will be held on December 16, 2016 at 10:00 a.m. (Beijing time) at the board room, Changzhou Trina Solar Energy Co., Ltd., No. 2 Tian He Road, Electronics Park, New District, Changzhou, Jiangsu, People's Republic of China ("PRC"). If you have not mailed in your proxy, please mail them in immediately.

In addition, the Company has recently received a number of inquiries from shareholders regarding the status of the proposed transaction. The Company has consulted with the buyer group (the "Buyer Group") and the Buyer Group advised that it continues to expect the proposed transaction to be completed as planned. The parties to the Merger Agreement are continuing to work diligently towards satisfaction of all closing conditions.

The Company's board of directors (with the Chairman abstaining) (the "Board") continues to recommend that Trina Solar shareholders vote FOR the proposal to authorize and approve the Merger Agreement, the Plan of Merger (as defined below) and the transactions contemplated thereby and FOR the proposal to adjourn the EGM in order to allow the Company to solicit additional proxies in the event that there are insufficient proxies received to pass the special resolution to be proposed at the EGM.

The Company is pleased to announce that two of the three leading proxy advisory firms agree with the Board. Institutional Shareholder Services ("ISS") and Egan-Jones Proxy Services ("Egan-Jones") have recommended that Trina Solar shareholders vote FOR both proposals.

In its report, ISS cited the following rationale for its recommendation:

"-  the offer price is deemed fair and reasonable and endorsed by the independent financial adviser retained by the special committee;

-  the appointment of a special committee consisting of only disinterested directors partially mitigates the concern over conflict of interest;

-  there are the presence of the pre-signing market check process and the fact that the special committee failed to find an actionable offer from third parties; and

-  dissenters' right is offered by the company to protect the interest of minority shareholders."

Egan-Jones' recommendation report stated its view of the proposed transaction as a "...a desirable approach in maximizing shareholder value. After careful consideration, we believe that approval of the Merger Agreement is in the best interests of the Company and its shareholders and its advantages and opportunities outweigh the risks associated to the transaction."

The Company also noted that it strongly disagrees with the recommendation of Glass, Lewis & Co. that Trina Solar shareholders vote against both proposals because, among other things, it fails to adequately consider (i) the benefits of the transaction, especially the ability to provide immediate liquidity and certainty of value to the Company's shareholders, (ii) the lack of other compelling alternatives available to the Company and the fact that no third party offers to acquire the Company were received and (iii) the risks associated with operating in the current industry environment as a standalone listed company.

Pursuant to the Merger Agreement and the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands in connection with the Merger (as defined below) (the "Plan of Merger"), subject to the satisfaction of closing conditions, the Company will be acquired for cash consideration of US$0.232 in cash per ordinary share or US$11.60 in cash per American depositary share ("ADS") of the Company, each representing 50 ordinary shares (other than the excluded shares as specified in the Merger Agreement), and Merger Sub will merge with and into the Company (the "Merger"), with the Company continuing as the surviving company and a wholly-owned subsidiary of Parent in accordance with Cayman Islands Companies Law. If completed, the Merger will result in the Company becoming a privately held company, the Company's ADSs will no longer be listed on the New York Stock Exchange and the American depositary shares program for the Company's ADSs will terminate.

Shareholders of record as of the close of business in the Cayman Islands on December 5, 2016 will be entitled to attend and vote at the EGM. ADS holders as of the close of business in New York City on November 14, 2016 will be entitled to instruct The Bank of New York Mellon, the ADS depositary, to vote the ordinary shares represented by the ADSs at the EGM, and are reminded that the deadline to deliver their voting instructions to the ADS depositary is 5:00 p.m. (New York City time) on December 12, 2016.

Third Quarter 2016 Financial Results

• Net revenues were $741.1 million, compared with $961.6 million in the second quarter of 2016 and $792.6 million in the third quarter of 2015.
• Earnings per fully diluted American Depositary Share ("ADS"; each ADS representing 50 ordinary shares) were $0.29, compared with $0.42 in the second quarter of 2016 and a loss per fully diluted ADS of $0.24 in the third quarter of 2015.

Mr. Jifan Gao, Chairman and CEO of Trina Solar, commented, "Largely as expected, we had a slowdown in the third quarter as a result of an oversupply and increasing inventory levels of modules in the market, as well as weak demand in China following a strong first half of the year as developers rushed to place orders prior to a subsidy policy adjustment. As a result, our total shipments of 1.36 GW came in lower than the bottom end of our guidance. Despite the headwinds, we were pleased that we were able to maintain our leading position in the U.S. and achieve record shipments to Europe. Moreover, shipments to India grew substantially and accounted for nearly 30% of our total shipments.

"On the downstream business side, we connected 26.0 MW of projects in China, of which 24.6 MW were DG projects. We will continue to execute our strategic initiatives to develop our downstream business in a prudent manner.

"We remain committed to pushing the technological boundary and commercializing high-efficiency cells. Recently, our R&D team set a world record of 19.86% aperture efficiency for our high-efficiency 'Honey Plus' multicrystalline silicon modules. This achievement brought the total number of world records that we have set to 14."

Second Quarter 2016 Financial Results

• Net revenues were $961.6 million, compared with $816.9 million in the first quarter of 2016 and $722.9 million in the second quarter of 2015.
• Earnings per fully diluted American Depositary Share ("ADS" with each ADS representing 50 of the Company's ordinary shares) were $0.42, compared with $0.29 in the first quarter of 2016 and $0.42 in the second quarter of 2015.

Mr. Jifan Gao, Chairman and CEO of Trina Solar, commented, "We had another solid quarter with major financial and operational metrics improving across the board. Module shipments during the quarter increased on a sequential and year-over-year basis to 1.66 GW. Module shipments were driven mainly by continued demand from China ahead of the expected subsidy policy adjustment. Our new production facility in Thailand is ramping up its capacity on schedule and is helping to strengthen our competitiveness in the U.S.

"Our downstream business performed well in China's rapidly growing market as we connected 292.8 MW of utility projects and 28.0 MW of DG projects during the quarter. We also made progress overseas with the sale of 11.2 MW of projects in the U.K. and Italy during the quarter.

"We are a proven and leading innovator in the global PV industry, having made a series of breakthroughs in transforming lab technology into production practice. Following the achievement of a 21.1% average efficiency for industrially-produced mono-crystalline cells using passivated emitter rear cell (PERC) technology, our R&D team achieved an average efficiency of 20.2% for industrially-produced P-type multi-crystalline silicon cells with PERC technology. We also achieved an average efficiency of 18.7% for our multi-crystalline silicon P-type double print cells that were produced for commercial shipment. We will continue driving the development of our high-efficiency cells in order to offer customers the highest quality products.

"Going forward, we will continue to focus on developing our brand name, products and technology, while identifying opportunities to develop our downstream business. We believe that our strategy gives us a competitive edge in the industry and provides a solid foundation for our sustainable and long term development."

Third Quarter of 2016 Guidance

The Company expects to ship between 1.55 GW and 1.65 GW of PV modules, of which 30 MW to 50 MW of PV modules will be shipped to the Company's downstream PV projects, from which revenues will not be recognized.

Fiscal Year 2016 Guidance

The Company reiterates its 2016 guidance of 6.30 GW to 6.55 GW, of which 220 MW to 260 MW will be shipped to the Company's downstream projects, from which revenues will not be recognized.

The Company reiterates its 2016 guidance of global solar power project connections at between 400 MW and 500 MW, including 15% to 20% of DG projects in China.

CHANGZHOU, China, Aug. 1, 2016 /PRNewswire/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic modules, solutions, and services, today announced that it has entered into a definitive agreement and plan of merger (the "Merger Agreement") with Fortune Solar Holdings Limited ("Parent") and Red Viburnum Company Limited ("Merger Sub"), a wholly owned subsidiary of Parent, pursuant to which the Company will be acquired by an investor consortium in an all-cash transaction implying an equity value of the Company of approximately $1.1 billion.

Pursuant to the terms of the Merger Agreement, at the effective time of the merger, each ordinary share of the Company issued and outstanding immediately prior to the effective time of the merger (each a "Share") will be cancelled and cease to exist in exchange for the right to receive $0.232 in cash without interest, and each American depositary share (each an "ADS") of the Company, representing 50 Shares, will be cancelled in exchange for the right to receive $11.60 in cash without interest, except for (a) (i) Shares (including Shares represented by ADSs) owned by Mr. Jifan Gao, Chairman and Chief Executive Officer of the Company ("Mr. Gao") and certain of his affiliates, who will be rolled over in the transaction, (ii) Shares (including Shares represented by ADSs) owned by Parent, Merger Sub, the Company or any of their respective wholly-owned subsidiaries, and (iii) Shares (including Shares represented by ADSs) reserved but not yet allocated by the Company for settlement upon the exercise or vesting of any Company share awards, each of which will be cancelled and cease to exist without any conversion thereof or consideration paid therefor, and (b) Shares held by shareholders who have validly exercised and not effectively withdrawn or lost their rights to dissent from the merger pursuant to Section 238 of the Companies Law of the Cayman Islands (the "Dissenting Shares"), which will be cancelled and cease to exist in exchange for the right to receive the payment of fair value of the Dissenting Shares in accordance with Section 238 of the Companies Law of the Cayman Islands.

The merger consideration represents a premium of 21.5% to the closing price of the Company's ADSs on December 11, 2015, the last trading day prior to the Company's announcement of its receipt of a "going-private" proposal, a premium of 20.2% to the average closing price of the Company's ADSs during the 90 trading days prior to its receipt of a "going-private" proposal, and a premium of 40.6% to the closing price of the Company's ADSs on Friday, July 29, 2016, the last trading day prior to the this announcement.

The investor consortium comprises, among others, Mr. Gao, Shanghai Xingsheng Equity Investment & Management Co., Ltd., Shanghai Xingjing Investment Management Co., Ltd., Great Zhongou Asset Management (Shanghai) Co., Ltd., Liuan Xinshi Asset Management Co., Ltd. and/or their respective affiliates.

The Company's board of directors (the "Board"), acting upon the unanimous recommendation of a committee of independent and disinterested directors established by the Board (the "Special Committee"), approved the Merger Agreement and the merger and resolved to recommend that the Company's shareholders vote to authorize and approve the Merger Agreement and the merger. The Special Committee negotiated the terms of the Merger Agreement with the assistance of its financial and legal advisors.

The merger, which is currently expected to close during the the first quarter of 2017, is subject to customary closing conditions including the approval of the Merger Agreement by the affirmative vote of holders of Shares representing at least two-thirds of the voting power of the Shares present and voting in person or by proxy at a meeting of the Company's shareholders convened to consider the approval of the Merger Agreement and the merger. Mr. Gao and his affiliates have agreed to vote all of the Shares and ADSs they beneficially own, which represent approximately 5.5% of the voting rights attached to the outstanding Shares as of the date of the Merger Agreement, in favor of the authorization and approval of the Merger Agreement and the merger. If completed, the merger will result in the Company becoming a privately-owned company and its ADSs will no longer be listed on the New York Stock Exchange.

CHANGZHOU, China, July 14, 2016 /PRNewswire/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has achieved an average efficiency of 20.16% for its industrially-produced P-type multi-crystalline silicon cells (156 x 156 mm2) with passivated emitter and rear cell ("PERC") technology, and an average efficiency of 18.7% for its multi-crystalline silicon P-type double print ("DP") cells (156 x 156mm2) that were mass produced for commercial shipment. The results, tested by the Company, further solidify Trina Solar's leading position in cutting-edge technology for the mass production of high efficiency crystalline silicon solar products, following the Company's recent efficiency breakthrough in mono-crystalline silicon PERC cell production.

Both the multi-crystalline PERC cells and DP cells are fabricated on a new generation of high-performance p-type Trina-1 wafers (T1 wafers). The T1 wafers were independently developed by Trina Solar based on the technologies that include homogeneous nucleation and black edge free, as well as optimized technical processes, proving quality and performance assurance for the production of cells. The multi-crystalline silicon PERC cells are built on the advanced rear passivation technology that integrates the Reactive Ion Etching (RIE) process for better light trapping. Modules (60pcs cells) equipped with these high efficiency multi-crystalline silicon PERC cells have managed to produce output of 286W.

Dr. Feng Zhiqiang, Vice President of Trina Solar and Director of the State Key Laboratory of Photovoltaic Science and Technology, commented, "We are pleased to announce efficiency achievements for both our multi-crystalline silicon PERC and DP cells that are based on our self-developed T1 wafers on a mass production basis. The improvements demonstrate our capabilities in continuously transforming lab technology into production practice as well as leveraging our advantages of vertical integration."

"Over the years, Trina Solar has built a solid foundation of independent research and has developed a complete set of proprietary advanced technologies and processes, through which we have attained a number of industry-leading breakthroughs that are outpacing our peers. Looking forward, we will continue to focus on applying laboratory technologies into mass production while endeavoring to reduce the solar manufacturing costs in pursuit of delivering low cost yet highly efficient solar products. The mission of Trina Solar remains unchanged and we are working harder than ever with a vision for the solar electricity to be as competitive as traditional fossil fuel power generation," Dr. Feng concluded.

CHANGZHOU, China, July 5, 2016 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has achieved an average efficiency of 21.1% for its industrially-produced P-type monocrystalline cells (156 x 156 mm2) with Passivated Emitter and Rear Cell ("PERC") technology, and that the solar modules using these high-efficiency cells reached an output power of 300W (60 psc cells). The results, tested by the Company, underscore Trina Solar's continued leading global position in manufacturing advanced crystalline silicon solar products.

Built with advanced rear passivation technology, the P-type monocrystilline PERC cells were fabricated on a large-size industrial boron-doped Cz-Si substrate and were developed on the Company's "golden" pilot production line with standard industrial production materials and processes. This is, once again, a major efficiency improvement breakthrough for the industrial monocrystalline PERC cell, demonstrating Trina Solar's technological strength in converting laboratory technology into mass production.

Dr. Pierre Verlinden, Vice-President and Chief Scientist of Trina Solar, commented, "We are proud of our latest achievement in attaining an average conversion efficiency rate of 21.1% for our monocrystalline PERC cells that were industrially produced by applying our laboratory world record PERC cell technology. We will not stop here as we continue to relentlessly develop low cost yet highly efficient solar products."

Dr. Zhiqiang Feng, Vice-President of Trina Solar and Director of the State Key Laboratory of PV Science and Technology, added, "Our goal has always been to focus on technological innovation and to transfer our best laboratory technology to commercial production as we look to develop highly efficient solar products to further reduce the Levelized Cost of Electricity (LCOE). As demand for high-efficiency cells increases, our R&D team's achievement in raising the average efficiency of our industrially-produced monocrystalline PERC cells will help accelerate the applications of high-efficiency solar products and build a solid foundation for further reductions in the LCOE. These efforts should help bolster the widespread adoption of solar energy on a global scale as well as enable the earlier arrival of grid parity."

CHANGZHOU, China, June 16, 2016 /PRNewswire/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic modules, solutions, and services, today announced that it has accepted the resignation of its chief financial officer, Ms. Teresa Tan, effective July 15, 2016. Ms. Tan has resigned to pursue other personal interests. Ms. Xu Ying (Merry Xu), currently a vice president and strategy assistant to the CEO at the Company, will act as interim chief financial officer until a permanent replacement is hired.

Ms. Xu joined Trina Solar in 2006 and has served in a number of important roles, including finance director, finance vice president, CEO office head and vice president and strategy assistant to the CEO. She has been a part of the Company's core management team for years and has participated in the Company's recent key development initiatives. 

Commenting on this announcement, Mr. Jifan Gao, Chairman and CEO for Trina Solar said, "Over the past two-and-a-half years, Ms. Tan has worked closely with our key management team and the board and effectively led the finance team in supporting the Company's strong growth. I would like to thank Ms. Tan for her contributions to the Company and wish her continued success in her future endeavors. Ms. Xu has been with Trina Solar for more than 10 years, and she has a deep knowledge of the Company and the industry, as well as sound financial expertise. We are confident she will be an effective interim CFO for the Company."

First Quarter 2016 Financial Results

• Net revenues were $816.9 million, a decrease of 15.1% from the fourth quarter of 2015 and an increase of 46.4% from the first quarter of 2015.
• Earnings per fully diluted American Depositary Share ("ADS" with each ADS representing 50 of the Company's ordinary shares) were $0.29, compared with earnings per fully diluted ADS of $0.43 in the fourth quarter of 2015 and earnings per fully diluted ADS of $0.16 in the first quarter of 2015.

Mr. Jifan Gao, Chairman and CEO of Trina Solar, commented, "This quarter was a good start to the year. We posted strong year-over-year growth in major financial and operational metrics, particularly with revenue and net income up 46.4% and 91.3%, respectively. Total module shipments during the quarter increased 38.7% year-over-year to 1.42 GW, which was largely driven by demand from our key markets in the U.S., China, and India. Our shipments in Europe were up two-fold sequentially as a result of our strategic shift in Europe.

"Our downstream business continued to expand in the global market. We connected a total of 101.7 MW of utility projects to the grid during the quarter, bringing the total of grid-connected operating projects to near 1 GW. We successfully commissioned five new solar projects in the UK, totaling 24.3 MW, and further expanded our presence in Japan by partnering with GE to invest in a 14 MW DC utility-scale project, for which we were also awarded a contract to provide engineering, procurement and construction ("EPC") management services, demonstrating our experienced end-to-end capabilities.

"During the quarter we continued expanding our overseas manufacturing capacity in select markets to meet global demand, especially from the US and Europe. This capacity expansion strategy ensures we retain and grow our competitive position in the PV industry as we focus on improving our profitability. In the first quarter, we acquired a cell factory in the Netherlands and also brought our facility in Thailand online as scheduled, using our 'Honey' state-of-the-art high-efficiency assembly line method.

"As a leading innovator of PV technology, we are committed to developing high-efficiency cells and delivering high-quality products. Our R&D team recently achieved a new world record of 23.5% for IBC (Interdigitated Back Contact) cells, raising the total number of world records held by Trina Solar to 13. In addition, we have commercialized our advanced PERC (Passivated Emitter and Rear Cell) technology for high efficiency cells, and our PERC annualized capacity in the quarter has already reached 200 MW.

"We are proud of these achievements attained so far in 2016. However, we have no plans to rest. We remain focused on improving our products and business along with developing exciting new technologies, as we continue to strategically position Trina Solar for sustainable long term growth."

Second Quarter of 2016 Guidance

The Company expects to ship between 1.50 GW and 1.60 GW of PV modules, of which 40 MW to 50 MW of PV modules will be shipped to the Company's downstream PV projects, from which revenues will not be recognized.

Fiscal Year 2016 Guidance

The Company reiterates its total PV module shipment guidance of between 6.30 GW and 6.55 GW, of which 220 MW to 260 MW will be shipped to the Company's downstream projects, from which revenues will not be recognized.

The Company updates its 2016 guidance of global solar power project connections to between 400 MW and 500 MW from the original guidance of 750 MW to 850 MW, including 15% to 20% of DG projects in China.

CHANGZHOU, China, April 26, 2016 /PRNewswire/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, today announced that its State Key Laboratory of PV Science and Technology of China has set a new world record of 23.5% for a high-efficiency silicon solar cell with an Interdigitated Back Contact (IBC) structure on a large-area 156x156 mm2n-type mono-crystalline silicon (c-Si) wafer. This new record has been independently confirmed by the Japan Electrical Safety & Environment Technology Laboratories (JET), Yokohama, Japan.

The record-breaking n-type mono-crystalline silicon solar cell was fabricated with a process that integrates the advanced Interdigitated Back Contact structure with industrial low-cost processes. The best 156x156 mm2 solar cell fabricated entirely with a screen-printed process reached a total-area efficiency of 23.5%, which breaks the previous record of 22.94% for the same type of solar cell that was also established by the Company in May, 2014. Particularly, this remarkable result has been achieved just two years after the previous announcement by Trina Solar of 24.4% efficiency for a small area (2cm x 2cm) laboratory IBC solar cell developed in collaboration with the Australian National University (ANU) in Canberra, Australia.

Dr. Pierre Verlinden, Vice-President and Chief Scientist, who leads the development of high-performance solar cells at the State Key Laboratory of Trina Solar, said: "We are very pleased to announce the new efficiency result achieved by our scientists and researchers. To the best of our knowledge, this is the first time that a mono-crystalline silicon IBC solar cell with an area of 238.6 cm2 exhibits a total-area conversion efficiency of 23.5%."

Dr. Pierre Verlinden continued: "Interdigitated Back Contact (IBC) silicon solar cells are the most efficient silicon solar cells to date but require a complicated fabrication process. Trina Solar has been developing IBC solar cells since the establishment of its State Key Laboratory with the objective to reach record efficiencies with the lowest possible cost. From the beginning we developed a scalable technology for IBC solar cells around large-area 156mm x 156mm wafers as we believe that the wafer size is the key to manufacturing cost reduction of this efficient solar cell."

CHANGZHOU, China, April 6, 2016 /PRNewswire/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has signed an agreement to supply 40 MW of solar modules to Tegnatia, one of Turkey's leading Engineering, Procurement and Construction (EPC) contractors. This partnership will enable Trina Solar to supply Tegnatia with its innovative solar PV solutions as both companies expand their presence in the Turkish market, and represent a key joining of forces between leading players in the international solar industry and the local PV market.

Under the agreement, Trina Solar will complete the delivery of its TSM-PD05 (polycrystalline, 60 cells) and TSM-PD14 (polycrystalline, 72 cells) modules by the end of the second quarter of 2016. The modules will be used in a range of solar projects in the areas of Mersin, Adana, Konya and Erzurum. As the world's largest supplier of solar PV modules and the most bankable PV module manufacturer globally, Trina Solar is ideally placed to supply the high-quality solutions that Tegnatia requires.

Established in 2013, Tegnatia is a joint venture between T-Dinamik, a Turkish renewable energy investment firm which has funded large-scale solar parks in Turkey, Greece and Romania; and Egnatia Group, a Greek construction company operating in Eastern Europe and the UK. Tegnatia is committed to offering turnkey services covering the design, implementation and maintenance of medium- to large-scale solar parks, with a core aim of bringing solar power to a wider section of the Turkish population.

Assoc. Prof. Dr. Mustafa Tiris, General Manager at Tegnatia, commented: "We are delighted to partner with Trina Solar, a global solar energy leader. We have ambitious targets to bring the benefits of high-quality solar PV to a wider range of Turkish companies and consumers, which requires a strong and reliable partner that can provide the quality of product and service that these projects demand. In addition, we were looking for a partner that can provide support locally, as and when required. Trina Solar represents the ideal fit to help bring these projects to fruition."

Mr. Rongfang Yin, Assistant Vice President, Regional Head of the Module Business Unit (MBU) of Europe and Africa at Trina Solar, added: "Tegnatia is a major player in the Turkish solar PV market, so we are very pleased to enter this partnership. It represents an important milestone in the promising Turkish market and we are looking forward to supporting and accelerating the much-needed deployment of solar PV in Turkey, through the provision of our industry-leading modules which Trina Solar will also showcase at the forthcoming SOLAREX exhibition in Istanbul. Our focus at Trina Solar is on providing high-quality PV technologies that our partners can rely on, and we anticipate great success for our latest venture into the Turkish market."

Fourth Quarter 2015 Financial Results

• Net revenues were $961.9 million, an increase of 21.4% from the third quarter of 2015 and 36.4% from the fourth quarter of 2014.
• Earnings per fully diluted American Depositary Share ("ADS" and each ADS represents 50 of the Company's ordinary shares) were $0.43, compared with loss per fully diluted ADS of $0.24 in the third quarter of 2015 and earnings per fully diluted ADS of $0.13 in the fourth quarter of 2014.

Mr. Jifan Gao, Chairman and CEO of Trina Solar, commented, "We are pleased to report another quarter of record shipments and a sequential increase in earnings. Our module shipments during the quarter hit an all-time high of 1.78 GW, which once again exceeded the high-end of our guidance. We continue to maintain our position as the world's largest solar module manufacturer and a leading solar project developer and operator."

"Our downstream business performed basically in-line with our expectations. We connected a total of 258.8 MW of PV power projects to the grid in the fourth quarter, including 132.5 MW of utility projects and 126.3 MW of distributed generation (DG) projects in China. For the full year of 2015, we connected a total of 685.9 MW of PV power projects to the grid around the world, of which about one third were DG projects in China."

"We continue to work diligently to maintain our position as a leading innovator of PV technology in the industry. We also view our R&D work as an important component of our strategy to diversify our product offerings and move our business into higher value-added areas. During the year, our R&D team accomplished a number of significant achievements, including three world records for our PERC solar cells and modules, which follow seven world records that we set in 2014. Our pilot line of interdigitated back contact solar cells (IBC) continued to reach new levels of efficiency, enabling us to use IBC solar cells and modules for high-value applications."

"2015 was in many ways a strong year for Trina Solar as we achieved record results on both a sequential and year-over-year basis in each quarter. During the year, we entered the Indian market and a number of other emerging markets, which helped to expand our global footprint from 43 to 63 countries. We also made progress on our global capacity expansion plans. Our partnered facilities in Vietnam and Malaysia, where we employ a relatively asset light model, helped to meet the growing demand for our products in overseas markets, and we expect our cell and module facility in Thailand to become operational in 2016. Our downstream business experienced more growth in China's highly competitive environment. All of these efforts have solidified our foundation and leave us well-positioned for 2016."

Fourth Quarter 2015 Financial Results

• Net revenues were $961.9 million, an increase of 21.4% from the third quarter of 2015 and 36.4% from the fourth quarter of 2014.
• Earnings per fully diluted American Depositary Share ("ADS" and each ADS represents 50 of the Company's ordinary shares) were $0.43, compared with loss per fully diluted ADS of $0.24 in the third quarter of 2015 and earnings per fully diluted ADS of $0.13 in the fourth quarter of 2014.

Mr. Jifan Gao, Chairman and CEO of Trina Solar, commented, "We are pleased to report another quarter of record shipments and a sequential increase in earnings. Our module shipments during the quarter hit an all-time high of 1.78 GW, which once again exceeded the high-end of our guidance. We continue to maintain our position as the world's largest solar module manufacturer and a leading solar project developer and operator."

"Our downstream business performed basically in-line with our expectations. We connected a total of 258.8 MW of PV power projects to the grid in the fourth quarter, including 132.5 MW of utility projects and 126.3 MW of distributed generation (DG) projects in China. For the full year of 2015, we connected a total of 685.9 MW of PV power projects to the grid around the world, of which about one third were DG projects in China."

"We continue to work diligently to maintain our position as a leading innovator of PV technology in the industry. We also view our R&D work as an important component of our strategy to diversify our product offerings and move our business into higher value-added areas. During the year, our R&D team accomplished a number of significant achievements, including three world records for our PERC solar cells and modules, which follow seven world records that we set in 2014. Our pilot line of interdigitated back contact solar cells (IBC) continued to reach new levels of efficiency, enabling us to use IBC solar cells and modules for high-value applications."

"2015 was in many ways a strong year for Trina Solar as we achieved record results on both a sequential and year-over-year basis in each quarter. During the year, we entered the Indian market and a number of other emerging markets, which helped to expand our global footprint from 43 to 63 countries. We also made progress on our global capacity expansion plans. Our partnered facilities in Vietnam and Malaysia, where we employ a relatively asset light model, helped to meet the growing demand for our products in overseas markets, and we expect our cell and module facility in Thailand to become operational in 2016. Our downstream business experienced more growth in China's highly competitive environment. All of these efforts have solidified our foundation and leave us well-positioned for 2016."

Fiscal Year 2016 Guidance

2016 Manufacturing Capacity Guidance
The Company expects to achieve the following annualized capacity at the end of 2016:

• Ingot production capacity of approximately 2.3 GW
  Wafer capacity of approximately 1.8 GW
  PV cell capacity of approximately 5.0 GW
  PV module capacity of approximately 6.0 GW
  The Company expects total PV module shipments between 6.30 GW and 6.55 GW, of which 450 MW to 550 MW will be shipped to the Company's downstream projects, revenues of which will not be recognized.
• The Company expects to connect to the grid between 750 MW and 850 MW of downstream PV power projects across the world, including 10 % to 15% of DG projects in China.

CHANGZHOU, China, Feb. 23, 2016 /PRNewswire/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that its wholly owned subsidiary, Trina Solar Netherlands, has completed the acquisition of all the assets from Solland Solar, a solar cell manufacturing company with approximately 200 MW solar cell manufacturing capacity located in Heerlen, the Netherlands.

Upon completion of the transaction, Trina Solar Netherlands acquired all of the manufacturing machines, equipment, stocks, office inventory, and real estate etc. from Solland Solar. Trina Solar will commence operations at the facility in the coming weeks.

"We are delighted with the successful completion of the transaction and believe that the acquisition enables us to expand the global manufacturing footprint of Trina Solar in an efficient manner," commented Mr. Jifan Gao, Chairman and CEO of Trina Solar. "This investment will be one of the components of our ongoing global expansion strategy. In particular, this new cell facility in Europe, along with our in-house manufacturing capacity in Thailand and other overseas capacities allows us to leverage our global resources so that we can further expand our presence and enhance our competitive edge in overseas markets, especially the U.S. and Europe. We are also pleased to be investing in the Netherlands PV sector, in which we believe we can help create job opportunities for the local area, and support economic development in the region."

CHANGZHOU, China, Dec.17, 2015 /PRNewswire/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced restructuring in its system business unit ("SBU"). The change is designed to reflect the Company's strategy and ambitions to become a first-tier global player in the downstream business.

Trina Solar's SBU will be split into two separate units: a China SBU and an international SBU. The China SBU will focus on ground-mounted PV power plants in China, including development and sales, engineering procurement construction ("EPC"), and operation & maintenance ("O&M"), and the international SBU will focus on developing PV power plants in key international markets. Following the resignation of Mr. Qi Lin, formerly Company vice president and head of SBU, the Company has appointed Mr. Jiqing Gao, Company vice president, as the head of the China SBU, effectively immediately. He will report directly to Mr. Jifan Gao, Chairman and CEO of Trina Solar.

Mr. Jiqing Gao has been the vice president of Trina Solar's SBU since October 2013. Previously, he was the Company's vice president of the China and Asia Pacific (excluding China), Middle East and Africa SBU from November 2012 to September 2013. Mr. Gao has extensive experience across various departments of the Company, including manufacturing quality management, operations, and research & development.

"I'd like to thank Mr. Qi Lin for his contribution to Trina Solar and wish him continued success in his future endeavors," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "I am excited about the new SBU structure that will allow us to give dedicated focus to the two strategically important yet very different China and Overseas downstream businesses. Mr. Jiqing Gao is a proven leader with deep knowledge and exceptional business experience in the downstream project development and management, and I am confident our China SBU will achieve exciting growth under his leadership. I believe that the new structure will lay a strong foundation for sustainable growth for our downstream business."

Mr. Jiqing Gao added: "I am extremely glad to be given this opportunity to lead Trina Solar's China SBU, and I look forward to working with the new SBU team as we continue to capitalize on the enormous downstream opportunities available in China and deliver on Trina Solar's growth opportunities."

CHANGZHOU, China, Dec.16, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, today announced that its State Key Laboratory of PV Science and Technology ofChina has set a new record for industrial high-efficiency p-type mono-crystalline silicon (c-Si) solar cells.

The record-breaking p-type mono-crystalline silicon solar cell was fabricated on a large-size industrial boron-doped Cz-Si substrate with an advanced Honey Plus process that integrated both front and back surface passivation. The 156x156 mm² solar cell reached a total-area efficiency of 22.13%. This result has been independently confirmed by the Fraunhofer ISE CalLab in Germany.

This efficiency record breaks the previous record of 21.40% for the same type of solar cell that was also established by the State Key Laboratory of Trina Solar in 2014, demonstrating an impressive efficiency improvement of 0.73 percentage points within only one year.

"We believe that this is the highest efficiency ever reported to date for a p-type industrial solar cell," said Dr. Pierre Verlinden, Vice-President and Chief Scientist of Trina Solar."This Honey Plus solar cell, fabricated with a low-cost industrial process, sits on the efficiency scale which is just 2.87% below the world record of 25% established by the University of New South Wales with a 2x2cm²laboratory solar cell. In 2015, our R&D teams have achieved two significant records with PERC solar cell technologies: we reached an efficiency of 21.25% with multi-crystalline silicon PERC cells, followed a few weeks later with a 22.13% efficiency record for mono-crystalline silicon cells. This also demonstrates the enormous potential of p-type substrates."

Dr. Pierre Verlinden continued: "Our goal is to continue pushing technological innovations and implementing laboratory breakthroughs into commercial production. We will continue to develop high efficiency solar cell products to further reduce the cost of photovoltaic power generation. At Trina Solar, we are committed to research and innovation of advanced photovoltaic technology, with a vision for the solar electricity to be as competitive as traditional baseload fossil fuel power generation."

CHANGZHOU, China, Dec.11, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced its withdrawal from the European Union ("EU") Price Undertaking ("UT") and will continue to service EU customers through its overseas manufacturing facilities.

On December 5, 2013, the European Council imposed anti-dumping ("AD") and anti-subsidy ("AS") duties on solar cells and solar panels imported from China. Subsequently, the European Commission accepted a UT whereby Chinese companies would sell solar cells and solar panels in the EU at a price above a fixed Minimum Import Price ("MIP"). Chinese manufacturers that did not accept the terms of the agreement faced high AD and AS duties, which for Trina Solar were 47.7% and 3.5%, respectively, to be applied for a period of two years beginning on December 6, 2013. At the time, Trina Solar chose to join the UT as a participating company and has duly complied with its terms and conditions.  However, the current interpretations of the UT agreement by EU Commission unfairly limit the Company's growth potential in the European region, and are disruptive to the Company's ongoing global expansion strategy. Furthermore, the EU Commission announced recently to initiate review investigation during which the AD&AS and the UT measures will remain in force. Trina Solar believes this is contrary to the principles of free and fair trade and it is in its best interest to exit the UT.

Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar, commented: "We believe the current iteration of the UT agreement misinterprets the rules and scope of the original UT, and adversely affects the execution of our global expansion strategy. In particular, the prohibition of manufacturing modules in overseas facilities, regardless of whether the modules will be sold to the EU or to non-EU markets is an obvious misapplication to the UT agreement. Furthermore, we believe the current MIP does not reflect the ongoing market trends in the solar sector, particularly as average selling prices in major markets continue to decline at a faster than expected rate, with downward pressure anticipated to continue for the foreseeable future. Consequently, the Chinese companies that are party to the UT have lost their competitiveness to their non-Chinese peers in selling to EU markets. With our recognized brand name, advanced technology and established customer base, we believe our withdrawal from the UT will allow us to better develop our business in the region through our tariff-free overseas facilities and to regain market share under a more flexible pricing strategy. However, I would like to emphasize our continued commitment to fair market competition and a balanced trading environment that would help to achieve our mission of benefitting mankind with clean energy." 

CHANGZHOU, China, Dec.10, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, is pleased to announce that it has signed a supply agreement with Toyo Engineering Corporation ("Toyo Engineering") to ship a total of 96.2 MW of solar modules to the Hosoe Mega Solar Project (the "Project"), which is developed by Pacifico Energy K.K. and expected to be the largest solar project in Kyushu, Japan.

The modules will be shipped starting from the fourth quarter of 2016 till January, 2018. The Project will be constructed on 140 hectares of land where a golf course was originally planned. The project is expected to commence commercial operations in the spring of 2018 and generate clean energy for up to 30,000 households, delivering annual CO2 emission savings of 68,200 tons compared with coal-generated power.    

Ms. Ye Chen, President of Trina Solar Japan Ltd., commented, "We are thrilled to be partnering again with Toyo Engineering for another large supply agreement. We are delighted to see that the superior quality of our products alongside our extensive after-sales services has helped us maintain lasting business relationships with recurring customers. With cumulative installations of 6.5GW over the past three quarters, Japan remains one of the key markets for us, and the share of solar in the energy mix for the country is expected to further increase. We will carry on executing our growth strategies in the residential, mega solar and commercial segments while further diversifying our client base to expand our footprint in Japan's solar market. "

Third Quarter 2015 Financial Results

• Net revenues were $792.6 million, an increase of 9.6% from the second quarter of 2015 and 28.5% from the third quarter of 2014.
• Loss per fully diluted American Depositary Share ("ADS": each ADS represents 50 of the Company's ordinary shares) was $0.24, compared with earnings per fully diluted ADS of $0.42 in the second quarter of 2015 and earnings per fully diluted ADS of $0.14 in the third quarter of 2014.
• Non-GAAP net income attributable to Trina Solar's ordinary shareholders, excluding the impact of the Solyndra settlement, was$18.3 million, or $0.21 per diluted ADS. 

Mr. Jifan Gao, Chairman and CEO of Trina Solar, commented, "We had a solid quarter of operations that came in ahead of our expectations, despite the one-off negative impact from the settlement of the Solyndra lawsuit and currency fluctuations that we experienced. We shipped a record 1.7 GW of modules, which enables us to achieve a significant milestone of over 15 GW of module shipments cumulatively since our inception. We also connected 251.9 MW of projects to the grid in the third quarter, making our total retained projects reach 610.4 MW. This further strengthened our position as a leading module manufacturer and positioned us well to become a world-class solar project player. We maintained strong growth momentum in China and the US, with record shipments to both markets and continued to execute our strategy to increase our presence in new and emerging markets, such as India andThailand. New and emerging markets have become our third largest destination for shipments over the past two quarters.

"We remain committed to executing our long-term strategies and successfully diversifying our financing channels to meet our growth initiatives. Our cost advantage was further solidified with the help of our ongoing technological developments, and our gross profit margin was in line with our expectations given declining average selling prices.

"In R&D, we achieved a number of breakthroughs, including developing the high-efficiency p-type multi-crystalline silicon solar cell of 21.3% efficiency. We also made key advances in silicon-based heterojunction (HJ) cells, where we achieved 22.0% efficiency in the laboratory. In addition, we introduced a 'Desert Double Glass' module for hot and dry climates that will be ready for production by the end of the year.

"On the manufacturing and operations side, we remain committed to reducing our carbon footprint throughout the lifecycle of our products, which has brought us recognition from reputable global institutions. We have also extended our vision by initiating the establishment of the Energy Management System ISO50001/GBT23331 in an effort to improve the PV industry.

"Downstream, we far exceeded our 190.0 MW guidance for the quarter by connecting a total of 251.9 MW of projects to the grid, including 38.9 MW of distributed generation ("DG"). We have continued to leverage our superior project execution capabilities and diversified funding channels to position ourselves firmly ahead of the competition.

"Looking ahead, the increasing rate of solar adoption globally in both developed and emerging markets will be further augmented by the growing percentage of power generated by solar. With our leading technology, cost advantage, diversified financing channels, and flexible manufacturing model, we are confident that Trina Solar is well-positioned to capture the many opportunities that lie ahead for the foreseeable future."

Fourth Quarter and Fiscal Year 2015 Guidance

Fourth Quarter of 2015 Guidance

The Company expects to ship between 1, 500 MW to 1, 650 MW of PV modules, of which 1, 350 MW to 1, 450 MW will be shipped to third party customers.  The Company's downstream projects will obtain module supplies from its own manufacturing business or third party suppliers as the situation may require. The Company expects to connect 280 MW to 320 MW of PV projects to the grid in the fourth quarter of 2015.

Fiscal Year 2015 Guidance

The Company raises its full-year guidance of total PV module shipments to 5.5 GW to 5.6 GW from its original guidance of 4.9 GW to 5.1 GW, of which 4.6 GW to 4.7 GW will be shipped to third party customers. This revised guidance would represent an increase of 50.3% to 53.0% from 2014.

The Company reiterates its guidance to connect to the grid between 700 MW and 750 MW of downstream PV power projects across the world, including 30% to 40% of DG projects in China.

CHANGZHOU, China, Nov. 23, 2015 /PRNewswire/ --Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that its accumulative shipments since 2005 have exceeded 15 GW as of the end of Q3, 2015, marking a significant milestone for the Company.   

Trina Solar's efforts in expanding its presence in key markets across the globe, leveraging on its innovative high-quality solar products, strong sales network and brand recognition, have enabled the Company to capture numerous opportunities as solar is becoming one of the world's major sources of electricity. With the support of its worldwide customers, the Company has increased its market share from approximately 1% in 2005 to more than 10% anticipated in 2015.

Mr. Jifan Gao, Chairman and CEO of Trina Solar, said, "We are extremely pleased to have reached the 15GW milestone in 2015 alongside our significantly increased global market presence. In addition to expanding our total shipments, we continued to exercise strong financial discipline in managing our balance sheet by carrying out a relatively asset light strategy when making capacity investments, and at the same time continued to improve our operating margin. Trina Solar has proved its position in the solar industry as a leading module manufacturer, and at the same time a world-class downstream player.

"We are very pleased to say that the modules that we shipped in the past ten years have been installed in various projects worldwide, which could reduce estimated 18 million tons of carbon dioxide emissions a year with each module fully functional, equivalent to planting approximately 13.3 billion square meters of trees. Looking ahead, we will continue to contribute to reduce adverse climate change worldwide by innovating and promoting the PV industry. I believe our commitment to providing affordable, clean and renewable energy to all people around the globe will allow us to achieve our mission of benefitting mankind with solar energy."

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CHANGZHOU, China, November 17, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that two of its overseas subsidiaries, Trina Solar (U.S.), Inc. ("Trina Solar US") and Trina Solar (Singapore) Science & Technology Pte. Limited ("Trina Solar Singapore"), have signed a total of US$90 Million in financing facility agreements with Wells Fargo Bank, National Association ("Wells Fargo") and Barclays Bank PLC ("Barclays").

The US$60 Million five-year revolving loan signed with Wells Fargo will be used to support Trina Solar US's working capital and business operations. The Company believes this loan facility will provide the working capital necessary to capture the market opportunities in the region. The US$30 Million credit line with Barclays will be used to support Trina Solar Singapore's working capital to better capture growing opportunities in the Asia Pacific region.

Ms. Teresa Tan, Chief Financial Officer of Trina Solar, said: "We are pleased to be working with both Wells Fargo and Barclays in our ongoing global expansion. In addition to our well established network in China, these two financing arrangements obtained through our overseas subsidiaries not only mark a new milestone for our company in terms of leveraging our global network to establish new financing platforms, but also reflect the growing confidence that premier global banks have in our business operations. We will continue to diversify our sources of funding to ensure that we have adequate funding at low cost to take advantage of the favourable market conditions in the solar energy sector. We are confident that these two credit facilities plus others will facilitate the execution of our growth strategies."

CHANGZHOU, China, Nov. 13, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, today announced that it has received two prestigious awards in environmental protection at the 8th International Roundtable of Multinational Corporations' Leaders ("IRMCL") held in Beijing.

Trina Solar received Award of Leading International Multinational Corporation in Environmental Protection 2015 for its leading role in the development of global renewable energy, contributions in reducing climate change, and for its low carbon footprint and commitment to green and sustainable development.

Mr. Jifan Gao, the Chairman and CEO of the Company, was honored with the Award of International Multinational Corporation's Leader of Environmental Protection 2015 for his active participation and proven leadership in environmental programs and achievements in providing resourceful solutions to drive the advancement of the solar industry.

The 8th IRMCL was sponsored by the China International Council for the Promotion of Multinational Corporations, and co-sponsored by several United Nations Programs and China Central Television. The event addressed the role that multinational corporations play in promoting investments, strengthening corporate social responsibility and facilitating sustainable development.

Mr. Jifan Gao, Chairman and CEO of Trina Solar, commented, "We are proud to receive the recognition for our commitment and achievement in promoting green and sustainable development worldwide. The concept of environmental protection guides the whole lifecycle of our products, ranging from R&D, raw material procurement, manufacturing and energy source utilization to waste management. We also implemented the ISO50001/GBT23331 energy management system to further improve our utilization of energy and reduce the environmental impact in our manufacturing processes. As an industry leader, we will continue our efforts in reducing our carbon footprint and pursuing sustainable development to improve the PV industry and grow our vision of benefiting the mankind with solar energy."

CHANGZHOU, China, Nov. 9, 2014 /PRNewswire/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, today announced that its State Key Laboratory of PV Science and Technology of China has set a new world record for a high-efficiencyp-type multi-crystalline silicon (mc-Si) solar cell.

The record-breaking p-type multi-crystalline silicon solar cell was fabricated on a high-quality mc-Si substrate with a process that integrates advanced Honey Plus technologies including back surface passivation and local back surface field. The 156�156 mm² solar cell reached a total-area efficiency of 21.25%. This result has been independently confirmed by the Fraunhofer ISE CalLab in Germany. This efficiency record breaks the previous 20.76% efficiency world record for mc-Si solar cells also established by Trina Solar one year ago. To set this new record, only low-cost industrial processes which can be easily integrated into large-volume production were used.

"We are very pleased to announce the new efficiency results achieved by our scientists and researchers at the State Key Laboratory of PV Science and Technology. To the best of our knowledge, this is the first time ever that a multi-crystalline silicon solar cell has been able to achieve a conversion efficiency of over 21%," said Dr. Pierre Verlinden, Vice-President and Chief Scientist of Trina Solar. "This exciting result shows that the development path toward higher efficiencies continues to be bright, even for silicon. Our aim is to continuously integrate innovative technological developments to improve the efficiency and lower the cost of our PV products. This technology advancement in efficiency will strengthen our leadership in the PV industry and allow us to continue providing affordable solar power to the world."

CHANGZHOU, China, October 28, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it signed a 5-year strategic cooperation agreement with CITIC Financial Leasing Co., Ltd ("CITIC Financial Leasing") and a separate 3-year strategic cooperation agreement with CITIC Bank Corporation Limited Changzhou Branch ("CITIC Changzhou") (together "CITIC") on October 28, 2015.

Under the terms of the agreements, as a preferred strategic partner of CITIC, Trina Solar will receive comprehensive, one-stop customized financial products and services including credit facilities of RMB5 billion from CITIC Financial Leasing to support equipment upgrade, downstream projects, as well as an additional credit line of RMB5 billion from CITIC Changzhou for trade financing including short-, medium- and long-term loans. Access to foreign currency loans will also be available.

Ms. Teresa Tan, Chief Financial Officer of Trina Solar, said: "We are pleased to build a long-term strategic partnership with CITIC based on our existing cooperative relationship to fuel our global growth and optimize our capital structure. We believe these arrangements demonstrate CITIC's continued strong confidence in our current business model and future prospects. The two cooperation agreements not only allow us access to CITIC's diverse financing resources and experienced professional services, but also enable CITIC to access Trina's established industry network and participate in our strong growth. This strategic partnership creates a win-win outcome. We will continue to secure necessary funding to ensure adequate financial resources to support execution of our growth strategy and enhance our leading position in the solar industry."

CHANGZHOU, China, October 27, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that the Company has restructured its management teams in Europe and Africa to prepare for its growth plans in these regions. Following the resignation of Mr. Ben Hill, formerly President of Trina Solar Europe, the Company has appointed Mr. RongFang Yin as the regional head of Module Business Unit ("MBU") in Europe and Africa and Mr. Rafael Esteban as the regional head of Systems Business Unit ("SBU") in EMEA and Latin America. Both appointments are effective immediately.

Mr. RongFang Yin joined the Company in 2009 and most recently served as Assistant Vice President, Global Commercial Operations of the Company. Before joining Trina Solar, Mr Yin served in senior positions at Flextronics as well as Invensys Asia Pacific for eight years. In his new position, Yin will lead the regional module business team to better serve European and African customers and help further develop Trina Solar's leading position in these two regions. Mr. Yin will report to the Company's MBU President, Mr. ZhiGuo Zhu.

Mr. Rafael Esteban has more than 15 years' experience in the PV industry, including three years at Trina Solar, where he served as the head of Project Development and Project Finance Europe and North Africa, as well as 12 years at BP Solar. Mr. Esteban will focus on expanding Trina Solar's project business in these regions. Mr. Esteban will report to the Company's SBU President, Mr Qi Lin.

"I would like to take this opportunity to express our sincere gratitude to Mr. Ben Hill for his contributions during his tenure," said Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar. "I am pleased to announce the new appointments of Mr. Yin and Mr. Esteban. I am confident that the extensive experience of both Mr. Yin and Mr. Esteban in the PV sector and their proven track records will help bolster our presence and allow us to capture more growth opportunities in their respective areas."

CHANGZHOU, China, October 21, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, is pleased to announce that, to date, it has successfully connected to the grid two thirds of a 300MW ground-mounted solar project in Yunan, China ( the "Project").

As previously announced, through an open bidding process, Trina Solar acquired a 90% stake in Yunnan Metallurgical New Energy Co., Ltd, which has a 300MW project under development in Southern Yunnan province. Once fully operational, the project will become the largest single utility-scale solar power plant in Yunnan and one of the largest in China.

Trina Solar commenced the construction phase of the Project in the fourth quarter of 2014 with the deployment of its self-branded solar PV modules to the barren hills of Jianshui County. After having connected 70MW of modules to the grid in the second quarter of this year, the Company surpassed the 200MW milestone by the end of the third quarter with additional connection of 133MW. The electricity generated from the project is being provided to a local industrial park and to farms located in the surrounding area. The Project is eligible for a 20-year benchmark on-grid tariff of 0.95 RMB/KWh based on the present feed-in-tariff program in China.

"Despite the fact that our Yunnan project is located in a topographically challenging area, we are extremely pleased to announce that we are proceeding on schedule," said Qi Lin, Vice President and President of PV Systems Business Unit of Trina Solar. "This project demonstrates our strong capabilities of executing our downstream strategy as we continue to utilize our competitive advantages in module manufacturing to develop high-quality and efficient solar farms in select locations around the world. China has raised its solar installation target for 2015 by 5.3 GW to 23.1 GW, which underscores the determination of the central government to bolster the development of solar energy. With this project and others, we are confident that we are on the right track to meet our 2015 downstream guidance."

CHANGZHOU, China, September 24, 2015 /PRNewswire/ --Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that a new Trina Solar-led national standard of "Test method for determining vinyl acetate (VA) content of ethylene-vinyl acetate copolymer applied in photovoltaic modules - Thermal Gravimetric Analysis (TGA)" (EVA-TGA) has been officially published by the Standardization Administration of China (SAC), signifying a major milestone in Trina's continued efforts to create general standards across the PV industry.

TGA measures the relationship between the quality and the temperature when the testing material is subject to temperature changes. Ethylene-vinyl acetate (EVA) is hot-melt adhesive film, an essential component that is used in the manufacturing of solar modules to encapsulate the PV cells to ensure insulation and transparency.

Over the past years, a major problem with sourcing EVA has been the lack of a standardized, fast, and environmentally friendly test method for detecting the VA content to ensure the quality of EVA, which is a key element in producing reliable and weather-resistant modules with long service life. To address this issue, Trina Solar proposed the EVA-TGA to the SAC in 2012 and entered the project initialization stage subsequently. After going through a lengthy process, which included forming a working group, drafting the standard, discussion and analysis, comparison tests, and seeking inputs and comments, the standard successfully passed the review, and was approved to be published by both the SAC and the General Administration of Quality Supervision, Inspection and Quarantine of China.

"Trina Solar is proud to make a substantial contribution to the improvement and advancement of the PV industry again with our technological strength," said Mr. Jifan Gao, Chairman and CEO of Trina Solar, "With the introduction of this new EVA-TGA standard, testing the VA content of EVA across the PV industry in China should become more streamlined and efficient, and it will provide a solid evaluation basis for ensuring EVA film quality. We are confident that this new standard will bring concrete improvements to the industry, and as the global leader in solar energy solutions, we will continue to spearhead initiatives to grow and improve the sector in the future."

Second Quarter 2015 Financial Results

Net revenues were $722.9 million, an increase of 29.5% sequentially and 39.2% year-over-year.

Earnings per fully diluted American Depositary Share ("ADS" and each ADS represents 50 of the Company's ordinary shares) were $0.42, compared with $0.16 in the first quarter of 2015 and $0.14 in the second quarter of 2014.

"We achieved our second straight quarter of record results and our strongest quarter ever for both upstream and downstream in almost all financial and operating metrics," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "We not only beat the high end of our guidance with record module shipments of 1.23 GW and project connections of 121.3 MW, we also experienced strong top-line and bottom-line growth and improved fundamentals while focusing on profitable growth. We achieved this result with a combination of cost reductions through continued improvements in supply chain management, technological development, and strategic deployment of our resources in promising and fast-growing markets."

"Demand in the global solar markets continues to trend upwards, led by China, the U.S. and India in the second quarter. Our asset-light capacity expansion, cooperation with diverse partners in China and overseas, and efficient supply chain management have enabled us to maintain flexibility on the manufacturing side and capture both upstream and downstream growth opportunities while maintaining a strong balance sheet. We believe these strategic measures, along with our industry-leading production scale and cost leadership, have positioned us well during a period of industry consolidation."

"Our dedication to technological development continues to generate exciting results, including the early trials of highly efficient cells using advanced interdigitated back contact (IBC) technology. The scientists and researchers at our State Key Laboratory of PV Science and Technology have built a pilot-line of the first low-cost industrial versions of IBC cells, which have reached a market-leading efficiency of 23.1% and have an average efficiency of greater than 22%. We will continue to develop new technology for particular climates and specific applications, as well as smarter PV products, as we work to reduce the levelized cost of electricity."

"In our downstream business, we far exceeded our goal for the quarter by connecting 121.3 MW of projects to the grid, including 31.3 MW of distributed generation ("DG"). We were able to do this by quickly responding to changing market trends, providing superior project execution capabilities, and leveraging diversified funding channels. With our first mover advantage among Chinese module players in the DG sector, and our prominence in the upstream business, we are well positioned to be a leading player in the DG segment, which has the potential to become the fastest-growing segment in the Chinese solar market in the coming years."

"Looking ahead, we are expecting a historically strong year in the global solar market. China is poised to generate even greater demand as the Chinese government made renewable energy a top priority and is strongly committed to achieving its 2015 grid connection target. I am confident that with our leading technology, strong brand name and superior products, we will further solidify our market leading position. We are well positioned to capitalize on strong global demand, outpace growth in the sector, and become a first class project operator and developer while remaining a leading module manufacturer. Given our solid visibility for the second half, we are confident that we will meet our revised full year module shipment guidance of 4.9 GW to 5.1 GW, which will be over 10% greater than our previous forecast of 4.4 GW to 4.6 GW."

Third Quarter and Fiscal Year 2015 Guidance

Third Quarter of 2015 Guidance

The Company expects to ship between 1,450 MW and 1,500 MW of PV modules, of which 170 MW to 190 MW will be shipped to the Company's downstream PV projects, for which revenues will not be recognized. In addition, the Company might purchase modules from third party suppliers to meet the module requirement for the downstream projects. The Company expects to connect 180 MW to 200 MW of PV projects to the grid in the third quarter of 2015.

Fiscal Year 2015 Guidance

2015 Manufacturing Capacity

The Company expects to achieve the following in-house annualized capacities by the end of 2015:

• ingot production capacity of approximately 2.5 GW, from original guidance of 2.2 GW;
• wafer capacity of approximately 1.8 GW, from original guidance of 1.7 GW;
• PV cell capacity of approximately 3.5 GW; and
• PV module capacity of approximately 4.8 GW.

The capacity increase for ingots and wafers are largely driven by upgrades of our existing equipment and technology advancements.

The Company raises its full-year guidance of total PV module shipments to between 4.9 GW to 5.1 GW, from original guidance of 4.4 GW to 4.6 GW, of which 700 MW to 800MW will be shipped to the Company's downstream projects. The total shipment volume represents an increase of 33.9% to 39.3% from 2014.

The Company reiterates its full-year guidance to connect to the grid between 700 MW and 750 MW of downstream PV power projects across the world, including 30% to 40% of all DG projects in China.

CHANGZHOU, China, July 17, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that its TSM-PE05A and TS-PE14A polycrystalline modules ("the Modules") have received UL1500V certification from Underwriters Laboratories ("UL"), a global independent safety science company.

The UL1500V award certifies that the Modules are allowed to be used in PV systems with a maximum system voltage of 1500V, significantly higher than the existing 1000V of most modules on the market. Furthermore, the 1500V certification demonstrates that the Modules produced by Trina Solar meet higher technical standards and quality requirements. The higher system voltage modules allow our customers to design their PV systems with longer string length. It significantly reduces the number of component in the balance of the system (BOS), and reduces the cost per unit of power (US$/W) of BOS. It also boosts the system performance by reducing the system loses.

Zhiguo Zhu, COO and President of Module Business Unit of Trina Solar, commented: "We are pleased to receive the UL1500V certification for two of our modules. Being among the first PV manufacturer to have UL1500V-certified PV modules demonstrates our leading position in technology advancements and cutting-edge manufacturing capabilities. We believe that the higher voltage products allow us to deliver more value to our customers by providing better performance products and system cost savings. We remain committed to delivering more breakthroughs and innovations in the PV sector."

CHANGZHOU, China, July 16, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has signed an agreement to supply 51 MW of its Dual Glass Modules to Yunnan Electric Power Design Institute, a subsidiary of China Energy Engineering Group Co., Ltd., and the EPC provider for the agricultural PV power plant project located in Xishuangbanna, Yunnan province in China. The plant will be used to power equipment in tea plantations, and will be the first of its kind within China.

The agricultural PV project has the capacity of 100 MW totally. Phase 1 of the project will be 51 MW and will utilize Trina Solar's dual glass modules, including approximately 43,516 of Trina Solar's TSM-255 modules and 154,284 of the Company's TSM-260 modules. These dual glass frameless modules are extremely durable, made with front and back layers of heat-strengthened glass, providing strong protection against environmental factors such as heavy humidity and pesticide use, while maintaining a high rate of sunlight transmission and efficiency. They excel in greenhouse environments, where properly maintaining temperature is crucial to the success of crop growth. The shipments are expected to complete in Q3 2015.

Jichun Zhang, Deputy General Manager of Yunnan Electric Power Design Institute commented: "We are very pleased to cooperate with Trina Solar, an industry leader with a vision to build a greener world, for apioneer project in China to put solar power to work on the tea plantations. I believe with Trina Solar's leading technology and highly reliable products, the tea plantations can be more efficient with increasing self-reliance and less pollution."

Zhiguo Zhu, COO and President of Module Business Unit of Trina Solar, commented: "We are very glad to partner with Yunnan Electric Power Design Institute to develop this pioneer project in Yunnan province. We are pleased with the opportunity to once again conduct a new innovative deployment of PV modules and I believe our commitment to high quality products and continuous technology advancement has made us partner of choice for this project. Our dual glass modules have been very well-received by the market since its launch, and I am confident that it will provide the durability, reliability, and efficiency that is required for this project to succeed."

CHANGZHOU, China, July 7, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that its cooperation with a local Malaysian partner, an original equipment manufacturer (OEM), to develop 500MW of solar module capacity is on track and the local partner has shipped modules to the Company as scheduled. Moreover, the Company's goal of producing 400MW of solar modules this year as a part of this cooperation remains unchanged. The cooperation is part of Trina Solar's geographical diversification strategy, and is in line with the Company's asset-light strategy to localize production in various key markets that the Company believes have promising solar demand.

Jifan Gao, Chairman and CEO of Trina Solar commented: "The cooperation with our Malaysian partner is a key part of our localization strategy in Southeast Asia, and we are pleased to announce that it has been progressing smoothly. Our Thailand facility is also on track to commence production in late 2015 or early 2016, which will add an additional 500 MW of module and 700 MW of cell production capacity to our production capabilities. Both of these facilities will allow Trina Solar to meet growing global demand for PV modules and have cost-effective manufacturing bases with close proximity to fast-growing emerging markets. We will continue to build a flexible, capital efficient manufacturing model in more diverse and cost efficient countries. We will look for areas where we can integrate proprietary manufacturing, OEM, capacity leasing, and outsourcing to expand our capacity worldwide and ensure that we are able to quickly respond to market trends. Furthermore, our industry leading position and ability to optimize resource allocation globally have positioned us well-ahead of our competition as the solar industry is undergoing a period of consolidation. We remain committed to our asset light business model and we are confident that all of these measures are helping us build a solid foundation as we transform into a world-class solar system developer."

CHANGZHOU, China, June 1, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, is pleased to announce that it provided Osaka Sangyo University ("OSU") with its newly developed Interdigitated Back Contact (IBC) cells and modules for OSU's Solar Car, the "OSU-Model-S".

The OSU-Model-S is fueled solely by solar power which is converted into electricity via 565 highly efficient solar cells, and has just finished its first test run in Shirahama Old Airport, Wakayama Prefecture, Japan. The IBC cells provided by Trina Solar have demonstrated efficiencies up to 24.4% in laboratory tests and 23.1% in pilot industrial production. The OSU-Model-S will compete in early August in the IFA Suzuka Solar Car Race, the largest international solar car race taking place in Japan.

Prof. Hisakazu Fujita of Osaka Sangyo University commented, "We are extremely excited to have Trina Solar as our partner in the OSU-Model-S for the upcoming IFA Suzuka Solar Car Race. We believe Trina Solar's IBC cells, a similar technology of which that has already been successfully applied to Solar Impulse-2, a solar-powered aircraft flying around the world recently, will put us ahead of the competition in a race designed to favor the most energy efficient race cars. Furthermore, our cooperation with Trina Solar has not only inspired us to achieve our vision of promoting the most advanced future car technology, but has also given us the technological expertise to maintain our leading position in the race, as we look to build on our 3 consecutive championships since 2012."

Zhiguo Zhu, COO and President of Trina Solar Module Business Unit commented, "We are very happy that OSU has selected us to be its partner in such a prestigious competition, and this cooperation has broadened our outreach from solar power generation to technology and research applications. This marks a milestone for Trina Solar as we branch out our differentiated products to various projects beyond our existing portfolio. I believe our high-efficiency cutting-edge modules will help OSU outperform the overwhelmingly strong competition from other different university teams and again demonstrate Trina Solar's position as a technology leader with proven ability to continuously pursue excellence. With the best team and the best product, Trina Solar and OSU are looking forward to set new world records on the Suzuka Circuit."

• Net revenues were $558.1 million, a decrease of 20.8% from the fourth quarter of 2014.
• Earnings per fully diluted American Depositary Share ("ADS" and each ADS represents 50 of the Company's ordinary shares) were $0.16, compared with $0.13 in the fourth quarter of 2014.

"We are pleased to announce the strongest first quarter in our company's history. We exceeded our own guidance as well as market expectations. We maintained our leading position as one of the largest solar companies in the world, with record shipments of over 1 GW during what is traditionally the weakest quarter of the year. Our gross margin rose quarter-on-quarter from 15.7% to 18% as our cost reduction efforts continue to generate positive results which more than offset the decline in the average selling price during the quarter. We also recorded a more favorable geographic sales mix alongside stronger sales of our higher value-added products," said Mr. Jifan Gao, Chairman and CEO of Trina Solar.

"In line with increasing global demand, our plans to expand our capacity remain on-track for both our domestic and overseas facilities, which will ensure we will be able to meet growing demand for the remainder of the year and beyond. Our Malaysia facility, along with our recently announced Thailand facility, will serve to not only expand production, but also enhance our competitiveness in the global markets."

"Technologically, I am proud to announce that our Honey Plus multi-crystalline silicon module broke another efficiency record during the quarter. Recently, the National Renewable Energy Laboratory in Denver, Colorado, included our name on its Best Research-Cell Efficiencies Chart, making Trina Solar the first Chinese company ever to appear in NREL's tracking of the world's most efficient solar technologies."

"Our downstream segment recorded significant progress in the UK and China. We will continue to build our pipeline in China and abroad, and will look to especially capitalize on the tremendous potential for utility scale and distributed generation ("DG") projects in China going forward."

"We are confident that strong global demand will continue to drive greater growth in the solar industry for the remainder of 2015. Trina Solar started fiscal 2015 on a strong note and we will continue to deliver on our commitment to strengthening our leading position as the world's largest module supplier, and becoming a world-class project developer and operator."

Second Quarter and Fiscal Year 2015 Guidance

Second Quarter of 2015 Guidance

The Company expects to ship between 1,100 MW to 1,140 MW of PV modules, of which 150 MW to 170 MW of PV modules will be shipped to the Company's downstream PV projects, revenues of which will not be recognized. The Company expects to connect 65 MW to 70 MW of PV projects to the grid in the second quarter of 2015.

Fiscal Year 2015 Guidance

2015 Manufacturing Capacity

The Company expects to achieve annualized capacity at the end of 2015:

• Ingot production capacity of approximately 2.2 GW
• Wafer capacity of approximately 1.7 GW
• PV cell capacity of approximately 3.5 GW
• Module capacity of approximately 4.8 GW

The Company expects total PV module shipments to be between 4.4 GW and 4.6 GW, of which 700 MW to 800 MW of PV modules will be shipped to the Company's downstream projects. The total shipment volume represents an increase of 20% to 26% from 2014.

The Company expects to connect to the grid 700 MW and 750 MW of downstream PV power projects across the world, including 30% to 40% of DG projects in China.

CHANGZHOU, China, May 6, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has set up Trina Solar Science & Technology (Thailand) Ltd., a subsidiary company in Thailand to build a manufacturing facility with 500 MW of module and 700 MW of cell production capacity. Trina Solar will invest US$160 million in the facility, which is located in Rayong of Thailand. Production is projected to commence in late 2015 or early 2016.

Mr. Zhiguo Zhu, COO and President of Module Business Unit of Trina Solar, commented: "Thailand is an ideal location for us to build a new manufacturing base due to its proximity to key emerging markets in the Asia Pacific region as well as its favorable investment environment in terms of land acquisition and labor costs. The new factory will serve to diversify and expand Trina Solar's existing manufacturing capacity to meet growing demand from both our established key markets and emerging markets. We believe diversifying our global manufacturing capacity will allow us to better leverage resources more cost effectively, enhance our competitiveness in overseas markets and enable us to increase our global market share. Besides, Thailand is also a particularly attractive PV market given its sunny environment, long-term PV subsidies, and favorable government policies towards the solar sector. We are also very delighted that our investment in the region will help create jobs and support local economic development, as well as further develop the solar industry in Thailand."

CHANGZHOU, China, April 27, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced that it has signed a strategic cooperation framework agreement with the Administrative Committee of the Hefei Xinzhan General Pilot Zone to develop up to 300 MW of distributed generation ("DG") solar power and related projects in Hefei, Anhui Province.

The first phase of the project consists of a 30 MW commercial rooftop project, on which the Company will start construction in the second quarter of 2015 and will be one of the largest single-unit commercial rooftop project in China once completed. The 300 MW project will be developed in Heifei City, a pioneer in promoting local DG solar power development and had a great amount of installed capacity of DG solar power in China as of the end of 2014. The Xinzhan General Pilot Zone is the primary area for PV industry development in Hefei, and will assist Trina Solar to gain local government support. In return, Trina Solar will use its leading technology, human resource, products, and industry leading position to help further develop DG solar power projects in Hefei.

"This partnership is a strong strategic fit and marks the first significant step in our journey to build on our DG solar power business this year," commented Mr. Jifan Gao, Chairman and CEO of Trina Solar. "China's ongoing efforts to promote clean energy with supportive policies and reinforcement of the DG solar power projects development have resulted in increasing awareness and recognition in the market for DG solar power projects. We are excited and ready to work with a partner who shares our aspirations for DG solar power development in China, and we believe our first mover advantage will position us well to excel in the DG solar power sector. Moreover, the favorable external environment combined with our strong track record, long-established brand recognition, state-of-the-art products and effective marketing, make us highly confident that we can deliver on our goal of expanding our footprint in the DG solar power market this year.

CHANGZHOU, China, April 24, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, today announced that its State Key Laboratory of PV Science and Technology of China has set a new world record for high efficiency p-type multi-crystalline silicon PV modules.

Trina Solar's Honey Plus multi-crystalline silicon module reached a new module efficiency record of 19.14% with an aperture area of 1.515 m², as independently confirmed by the National Center of Supervision and Inspection on Solar Photovoltaic Product Quality (CPVT) in Wuxi, China. This result is a new world record for a multi-crystalline silicon module composed of 60 high-efficiency Honey Plus multi-crystalline silicon cells (156156mm²), fabricated with advanced technologies including back surface passivation, local back surface field and half-cell module technologies developed by Trina Solar. The multi-crystalline Honey Plus solar cells, the brand name for Trina's PERC solar cells, are now in mass production. The half-cell module technology is not currently part of the Honey Plus products, but will be incorporated at a later date.

"We are very pleased to announce these new exciting efficiency results achieved by Trina Solar's researchers at the State Key Laboratory of PV Science and Technology," said Dr. Pierre Verlinden, Vice-President and Chief Scientist of Trina Solar. "To the best of our knowledge, this is the first time that a multi-crystalline Silicon PV module reaches an efficiency higher than 19%. It demonstrates that multi-crystalline Silicon PV modules can reach an efficiency level that was reserved to the most efficient solar cells before, such as mono-crystalline IBC or heterojunction cells. This milestone achievement is the result of a very close collaboration among our silicon crystallization, solar cell and module scientists. We believe that innovation is playing the very essential role to Trina's sustainable growth and long-term success. Our focus remains on developing innovative and cutting-edge solar power products and technologies to strengthen our leadership in the PV industry."

CHANGZHOU, China, April 13, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it signed a module supply agreement with Toyo Engineering Corporation ("Toyo Engineering") to supply approximately 116 MW high efficiency modules to the largest solar power project in Japan, an approximately 231-megawatt facility to be built in Setouchi City, Okayama Prefecture.

The project managed by special purpose company, Setouchi Future Creations LLC. will utilize approximately 446,000 pieces of Trina Solar TSM-260PC05A high efficiency modules. Toyo Engineering will build the solar photovoltaic power plant on 260 hectares (1,210 acres) of city land on the former Kinkai salt field. The project is expected to reach commercial operations in the second quarter of 2019.

"This sizeable module order in support of the largest solar power project in Japan marks another milestone for Trina Solar in this market," said Zhiguo Zhu, COO and President of Module Business from Trina Solar." Our modules were selected on the basis of very stringent criteria, once again highlighting Trina Solar's well established and reputable brand for high quality products, superior warranty and power output performance guarantee. We believe that demand for clean and sustainable energy in Japan will continue to increase and that solar energy will play a key role in the growing diversification of the country's energy mix. Japan is a key market for us where we expect to further deepen our penetration."

CHANGZHOU, China, April 8, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has been selected by Solarcentury, a project developer and EPC, to supply around 33,000 of its PC14 modules for a 9.9MWp solar farm project in Cocle province, central Panama.

Solarcentury will use the high-powered solar PV modules supplied by Trina Solar to construct the solar farm for ECOSolar, a Latin American solar investment company. Working alongside local solar company Hybrytec, Solarcentury will build the 9.9MWp "Divisa Solar" system. The system will be one of the largest solar farms in Panama connected to the grid and sold on the spot market once completed.

Ideal for large-scale installations, the PC14 module is one of the industry's most trusted modules due to its high levels of reliability and performance capabilities, even in challenging environmental conditions. Thanks to its high power footprint, installation time and BOS costs are significantly reduced, helping to achieve maximum cost efficiency. The farm will be capable of producing enough clean solar energy to power around 3,000 homes in the area, which will help meet the country's growing electricity demands and reduce CO₂ emissions by more than 4,850 tons each year.

Zhiguo Zhu, COO and President of Module Business Unit at Trina Solar, said: "We are very pleased to be able to partner with Solarcentury in this project, which will yield benefits for the Panamanian people and for the environment. Over the last few years we have expanded our presence in Latin America and this project marks a major milestone for us. Thanks to its good climate, the region is well suited to solar PV generation, and has abundant space. With an increasing demand for electricity in the area, the solar farm will diversify the energy mix and thus drive an efficient and clean supply of energy. We believe Panama and Latin America hold high potential for the solar sector and this project demonstrates Trina Solar's continued progress as a leading provider of solar PV modules in the region."

Matthew Boulton, COO at Solarcentury said: "Trina Solar is a new partner for Solarcentury and as a leading global brand, it was an obvious choice as part of establishing Solarcentury in new countries. Trina Solar was able to support the tight timelines required to fulfil the project and provided regular communication and support from its UK team."

CHANGZHOU, China, April 1, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has entered into a set of binding agreements, including a Share Purchase Agreement (the "SPA") and a Bridge Loan Facility Agreement, with Bluefield Solar Income Fund Limited for the Company's 49.99 MW solar power plant in Norfolk, UK, for a maximum consideration of approximately GBP59.1 million (equivalent to approximately $87.7 million) with a retention of GBP3 million (equivalent to approximately $4.4 million) contingent on certain conditions under the SPA. The Bridge Loan Facility Agreement is to finance the project until the sale is closed. The sales revenue will not be recognized until the conditions set forth in the SPA are met and the share transfer is completed.

The 49.99 MW solar power plant using Trina Solar's 196,627 modules commenced construction in the third quarter of 2014 and was connected to the grid in the first quarter of 2015. It is entitled to receive 1.4 Renewables Obligation Certificates (ROCs) per megawatt-hour (MWh). As built, the project can supply clean energy to up to 14,000 UK homes per year.

"The sale of this project is in full alignment with our strategy in overseas markets to build and sell power generation assets at attractive return. This is the third utility-scale solar power plant that we have constructed and sold in the UK for a cumulative capacity of 73.76 MW, demonstrating our global team capabilities in project development and execution," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "Besides our ongoing developments in the UK, we are also building several projects in Japan and are actively building our presence potentially in other markets for which we will provide updates as and when appropriate. This transaction provides us with additional capital to fund our growing global downstream projects business. With accelerating momentum in our domestic and overseas markets, we are on track to meet our 2015 target to connect a portfolio of projects totaling between 700 MW to 750 MW. Thanks to powerful synergies between our module and downstream businesses, we are confident that we will achieve our 2015 overall targets and solidify our leading position in the global solar energy solution business."

CHANGZHOU, China, March 26, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it has supplied 6.9 MW of Trinasmart PV modules to Anesco's ground mounted solar farm in the UK that was commissioned in March 2015.

The installation incorporates patented Trinasmart technology, a complete solution that includes power optimisation to increase system performance by up to 20 per cent together with monitoring built into the module junction box. Trinasmart allows monitoring and controlling of the PV array at the module level rather than at inverter level compared to traditional modules. It can also be monitored and controlled in real time with a smart mobile device or PC. Furthermore, in cases of emergencies such as electrical failure and fire emergency, the modules can be totally deactivated with a single click to eliminate high voltages and secure the safety of the firefighters. Trinasmart is fully covered by Trina Solar's 10-year product warranty and 25-year linear performance warranty.

"Once again Anesco is leading the way in technological advances. This installation - on this scale - is an important milestone and underlines our commitment to pushing the boundaries of solar energy production," said by Adrian Pike, CEO of Anesco. "Our collaboration with Trina Solar demonstrates what can be achieved when likeminded organisations on a global scale work collaboratively to solve problems and create real opportunities within the electricity market."

"Trina Solar has built its business on providing high-quality innovative products and value-added services such as Trinasmart to the market, and on maintaining a position as a prudent and reliable partner," said by Ben Hill, president for Europe and Africa at Trina Solar. "As the market leader in the UK, it is hugely satisfying to be working alongside an organisation with the reputation of Anesco to deliver the largest optimised solar farm in Europe. It is this kind of innovation which keeps both our organisations ahead of the game which is vital in the fast changing solar PV sector."

CHANGZHOU, China, March 12, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced it has signed an agreement to supply 48MW of solar modules to ACME Cleantech Solutions Ltd.("ACME"). This new agreement brings the total sales of solar modules to ACME to 70 MW in 2015 to date.

According to the agreement, approximately 188,000 Pieces of Honey modules TSM-PC05A will be installed on two ground-mounted solar power plants in India. The installations are expected to provide an annual output of 81.6 GWh. The shipment will be completed in the first quarter of 2015.

"We are seeing a significant pick up in the adoption of solar power in India this year and we are delighted to be taking part in the growth with our efficient and high-quality modules," said Zhiguo Zhu, COO and President of Trina's module business unit. "India is no doubt a robust and growing emerging market for solar energy. We believe this agreement not only demonstrates our growing brand awareness in India, but also sets a solid foundation for our expanding business in the region in 2015. We look forward to capturing more market opportunities in India with ACME."

Mr. Manoj Kumar Upadhyay, Chairman of ACME, added, "We first started our partnership with Trina Solar in 2013. We are delighted to further deepen our relationship with Trina Solar on these two projects in India. ACME had delivered many successful projects in the past. Looking into the future, we are also very optimistic about India's solar prospect and are expediting our paces to expand our projects portfolio. We have strong faith in Trina Solar's dedicated team, comprehensive products and superior product quality and look forward to more partnership with Trina Solar in 2015."

CHANGZHOU, China, March 10, 2015 /PRNewswire/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced that its industry-leading Trinasmart panels are now part of the technology solution that Vivint Solar, Inc. (VSLR), the second largest U.S. residential solar provider, offers to its customers. Trinasmart is a module-integrated solution that optimizes the energy output of PV systems, enhances solar array safety, improves installation speeds and reduces balance of system costs.

"Vivint Solar is a solar industry leader that is delivering cost-effective and innovative solutions every day. That's why we're excited to partner with them and provide our high-performing Trinasmart modules for their residential offering," said Jing Tian, Trina Solar Head of Global Marketing. "With Trinasmart, we can help Vivint Solar's installation and operations and maintenance teams through faster install times, enhanced monitoring capability and advanced fire-safety features – putting them ahead of the curve in the distributed generation market."

"We are proud to offer homeowners advanced solar technology and plan to begin installing Trinasmart modules immediately," said Jan Newman, Vice President of Business Development at Vivint Solar. "We are confident in the long-term value of monitoring system performance on the module level with Trinasmart."

The patented Trinasmart technology is a complete solution that includes power optimization and monitoring built into the module junction box. Unlike other modules, Trinasmart allows monitoring and control of the PV array at the module level. System performance can also be monitored and controlled in real time with a smart mobile device or PC thanks to the web-based Trinasmart platform, www.trinasmart.com.

Trinasmart also improves the safety of the PV system: in cases of electrical failure (e.g. flashing arc), Trinasmart shuts down the affected modules automatically. Moreover, in the case of a fire emergency, the modules can be totally deactivated to eliminate high voltages and secure the safety of firefighters. Trinasmart is fully covered by Trina Solar's 10-year product warranty and 25-year linear performance warranty, and it complies with NEC's 690.12 Rapid Shutdown requirement.

Fourth Quarter 2014 Financial Results

• Net revenues were $705.0 million, an increase of 14.3% from the third quarter of 2014
•  Earnings per fully diluted American Depositary Share ("ADS" and each ADS represents 50 of the Company's ordinary shares) were $0.13, compared with $0.14 in the third quarter of 2014. Excluding net foreign exchange loss, earnings per ADS was $0.21

"We are pleased with our solid performance in the fourth quarter. We saw record shipment volumes, maintained our leading position as one of the largest solar companies in the world, and continued to increase our earnings quarter to quarter," said Mr. Jifan Gao, Chairman and CEO of Trina Solar.

"We also made significant progress in our downstream business. We connected two utility scale solar power plants totaling 210 MW in Xinjiang and Jiangsu provinces, and both are generating electricity. Our project pipeline in China is expanding and we are growing our downstream business at a steady pace. Overseas, we closed the sale of a 13.2 MW project in the UK in December 2014. The cash generated by the sale of the project will provide additional capital for the expansion of our downstream businesses. We expect our growing portfolio of overseas projects in the UK and Japan that we expect to sell upon completion to further contribute to our downstream business expansion in 2015.

"In the second half of 2014, we strengthened our focuses on developing distributed generation ("DG") projects in China. We have completed a number of projects and we will leverage our experience in developing utility scale projects and our module sales channels to further tap into the DG market and bolster our current downstream pipeline in China in 2015.

"In addition, we continued to deliver impressive new product innovations in solar cell technology. Our deep commitment to R&D and to delivering high quality products ensures our leading position in the very competitive and highly regulated PV industry. Our proven track record for superior quality, innovation, and efficient execution in the manufacturing sector positions us well as we build our company into a major developer and operator of solar projects.

"Overall, 2014 was a successful year for Trina Solar. Both our manufacturing and downstream businesses delivered strong results, and we emerged as the world's largest supplier of solar modules. We took advantage of the rapidly growing demand in China, the world's largest market for solar products, as well as the expansion of sales across various Asia-Pacific and Americas markets. We were also able to mitigate the industry trend of declining average sales prices ("ASPs") without compromising product quality by re-engineering our manufacturing processes and supply chain to drive down costs and by growing our portfolio of downstream projects to increase profitability.

"In 2015, we believe that our focus on technological innovation and delivering the highest quality and diversified module portfolio will drive growth in an expanding market. We will continue to build world-class capabilities and align our global resources to reinforce our leading position in the module business while exploring the utility, DG and other downstream markets."

CHANGZHOU, China, February 12, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced that it has signed a framework investment agreement (the "Agreement") with PingAn Trust Co., Ltd. ("PingAn Trust") and Jiangsu Jiuzhou Investment Group ("Jiuzhou Investment," and together with PingAn Trust, the "Investors") to jointly develop selected photovoltaic power plants ("the Projects") in China, with a total capacity of 500MW-1,000MW over the next three years.

Under the terms of the agreement, the Investors will enter convertible loan arrangements with Trina Solar to support the development of downstream projects in China. The Investors are entitled to convert the loans into minority stake in the project companies at pre-determined time. The investors are also entitled to participate in the potential capital operation of the holding vehicle in the future. To capitalize on growing demand in China and to strengthen Trina Solar's efforts in the downstream business the Company established Jiangsu Trina Solar Power Investment & Development Co., Ltd. under the above-mentioned holding vehicle at the end of 2014.

In addition, the Investors will provide bridge loans after completing due diligence on the Projects in order to meet their funding needs during the construction phase. The convertible loans and the bridge loans will not prevent the project companies from applying for long-term loans from other financial institutions. The Company and Investors are actively evaluating the portfolio of projects that need to be financed.

"We are excited to partner with strategic investors such as PingAn Trust and Jiuzhou Investment," said Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar. "By leveraging their financial strengths with our proven expertise in manufacturing and power plant development, we have a unique ability to build a superior and professional downstream development and operation company. In recent years, China's demand for new energy has been growing quickly. According to the government's plan, China's photovoltaic power installation capacity will reach over 100GW by 2020. Ever since the full-scale launch of our downstream business in 2013, we have made a number of significant achievements. In 2015, we will use this strategic collaboration as an opportunity to further reinforce and expand our leading position in China's PV market."

"We are delighted to work with Trina Solar to jointly develop solar projects in China that will generate stable and recurring cash flows in line with our investment strategy and the Chinese government's objectives," said Mr. Yuhang Li, General Manager of Industry Department of PingAn Trust. "We are excited to work with the leading company in the solar industry, and we believe the combination of the financing from the investors along with Trina Solar's industry expertise will be a win-win for all parties."

Mr. Shijin Luo, President of Jiuzhou Investment, added, "Jiuzhou Investment was a first round PE investor in Trina Solar prior to its initial IPO and has witnessed the Company's development into a leading player in the global PV industry. We are pleased to team up with Trina again to develop this downstream business. China is now in a new era of energy reform as it looks to promote green energy including solar energy production and consumption. As the world's largest solar module manufacturer with an established global brand, Trina Solar has made steady progress in the downstream business in recent years. We view Trina as a trusted partner for our move into the solar energy business."

CHANGZHOU, China, February 4, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced that it has been selected by renewable energy specialist Gestamp Solar to supply modules for a 42.5MW PV plant located in Marcovia, which is in the Choluteca region of the Republic of Honduras, Central America.

The PV project, named "Marcovia Solar," will be the first PV plant constructed by Gestamp Solar in the country and is expected to span 180 hectares once completed. Trina Solar will supply more than 160,000 of its high-efficiency utility-grade PC14-310W modules, and the installation will be fitted with 300 solar trackers to maximize the efficiency of the installation. Expected to be operational in Q2 2015, the solar plant will generate 93 GW/h each year and achieve CO2 savings of 43,000 tons, providing enough energy for 135,000 people and 45,000 homes.

Latin America is a high potential market for the solar industry and the agreement represents a significant development for both Trina Solar and Gestamp Solar as they look to strengthen their presence in the region.

"We are very pleased to partner with Gestamp Solar to supply our industry-leading PV modules for its first solar plant in the Republic of Honduras," said Ben Hill, Head of Europe and Africa at Trina Solar. "With ample space and a good climate, the country holds a wealth of potential for solar PV energy generation. Moreover, solar offers local businesses and residences a reliable, efficient and clean energy source, making it a particularly attractive prospect for the region. We are looking forward to working with Gestamp Solar to execute this large-scale project. Latin America is a key target market and this project will be strategically significant as we continue to expand our global footprint."

Jorge Barredo, CEO of Gestamp Solar added, "This is a project that reinforces our presence in Latin America as one of the main pillars of our international expansion, and consolidates Gestamp Solar as one of the regional leaders in the sector. Trina Solar has a great track record of delivering PV projects of this scale and is renowned in the solar PV industry for its innovative and high quality modules. Trina Solar was therefore a natural partner for us to choose for this project."

CHANGZHOU, China, January 29, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced that its State Key Laboratory Testing Center became the first testing center in the solar industry to receivethe Power Measurement Uncertainty Assessment Service ("UAS") Certificate from TUV Rheinland. This certificate validates the accuracy of on-site power measurements recorded at the Trina Solar State Key Laboratory Testing Center. Following the certification, all products assessed by the Company's State Key Laboratory Testing Center will carry a TUV Rheinland certification mark.

Trina Solar received the Power Measurement UAS Certificate from TUV Rheinland after seven months of continuous tracking, identifying key influencing factors, technique optimization and rigorous on-site training. This certification proves that the procedures, test equipment and staff capabilities employed during the process of power output measurement at Trina Solar's State Key Laboratory Testing Center are in accordance with stringent International Electrotechnical Commission (IEC) standard as well as TUV Rheinland strict assessment criteria.

The certification provides clear guidance to PV manufacturers and buyers on the power rating of PV modules, provides transparent information about the performance, and minimize measurement uncertainty of PV module output. It also helps manufacturers improve the accuracy of measurements and reduce measurement errors.

"We are delighted to obtain the TUV Rheinland Power Measurement UAS Certificate and the accreditation recognizes our State Key Laboratory's capability in power output measurement," said Wei Zhou, Vice President of Quality Department of Trina Solar. "The PV industry is facing fierce competition. Modules verified by an objective third party greatly enhance customer confidence and increase sales. With the continuing development of solar power in China, ensuring the quality of solar power plants is paramount. TUV Rheinland's recognition of our internal power measurement system assures our partners and customers of the reliability and quality of our modules. It will further strengthen our position as the leading module manufacturer in the world."

"Our power measurement system is not a simple certification assessment but rather a continuous process of improvement and optimization," said Robert Struwe, Vice President of TUV Rheinland Greater China Solar/Fuelcell Technology Division. "We are pleased to see Trina Solar become the first solar company to pass the assessment for corporate laboratory power measurement. Throughout the verification process we witnessed Trina Solar's unremitting commitment to improvement and we look forward to further support Trina Solar in the future."

CHANGZHOU, China, January 22, 2015 /PRNewswire/ -- Trina Solar Limited ("Trina Solar" or the "Company"), a global leader in photovoltaic modules, solutions and services, offers the following statement regarding the affirmative final determination of the U.S. International Trade Commission ("ITC") on January 21, 2015 that imports of certain crystalline silicon photovoltaic products from mainland China and Taiwan materially injure the domestic industry.

The determination follows the U.S. Department of Commerce's ("DOC") final rulings on December 17, 2014 in the antidumping duty ("AD") investigations of imports of certain crystalline silicon photovoltaic products from mainland China and Taiwan, and the countervailing duty ("CVD") investigation of imports of certain crystalline silicon photovoltaic products from China.

The DOC had previously determined that imports of certain crystalline silicon photovoltaic products were dumped in the United States from China and that imports of certain crystalline silicon photovoltaic products from China received subsidies. Trina Solar was a mandatory respondent to both of the investigations regarding China, in which it received a final dumping tariff of 26.71% and a final subsidy tariff of 49.79% under the final determination of the DOC. The Company expects the combined tariff to be reduced after the DOC completes its double-counting analysis in the coming weeks.

Trina Solar believes that the final determinations made by the ITC and the DOC are both wrong and unfair. Trina Solar is in discussions with its legal advisers and other parties regarding whether to file an appeal to the final determinations issued by the DOC and the ITC.

The Company remains committed to serving its many customers and business partners in the United States, where Trina Solar has built a solid and long-standing reputation for high quality products and services. Trina Solar believes that because of its competitive cost structure, in-house manufacturing capacities, global expansion strategies, strong brand image and quality products, it will continue to play an important role in the U.S. market.

CHANGZHOU, China, January 12, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced the grid connection of its 90 MW solar power plant located in Toksun, Xinjiang province, China.

Approximately 300,000 of Trina Solar's high efficiency modules with outputs ranging from 295 Wp to 310 Wp were installed in the 90 MW solar power plant in Xinjiang province. The solar power plant will be able to generate up to 118 million kWh of electricity per year, mitigating 108,300 tons of carbon dioxide emissions. Once operational, the 90 MW solar power project in Toksun is expected to be one of the largest single unit solar power plants in the Xinjiang Uygur Autonomous Region. The power plant has been granted a 20-year subsidy of 0.95 RMB/KWh.

"The successful grid connection of this large-scale solar power project demonstrates the seamless execution of the Trina Solar team through all phases of project development. We feel very proud that this power plant will generate both job opportunities and clean, renewable energy in Toksun region," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "We are also delighted to add one more large solar power project to our existing project portfolio which we believe will bring a stable return for years to come. With the knowledge gained through developing, designing, building and operating large utility-scale solar projects, we are strengthening our capabilities to win more opportunities and bring more solar power projects online in 2015."

CHANGZHOU, China, Jan. 7, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it has successfully completed the sale of its 13.2MW solar power project located in Dorset, UK, to funds managed by Foresight Group LLP ("Foresight"). This follows the successful sale of a similar 10.6MW UK solar power project to the same buyer in September of 2014.

Construction of the Homeland Solar Farm started in December 2013 with successful connection to the grid in March 2014. The project utilized approximately 52,000 high quality and durable Trina Solar TSM-255-PC05A modules. The solar project is expected to deliver clean and sustainable solar electricity of approximately 14,000MWh per year and be capable of providing energy for 4300 homes in the region. The project sale concluded at the end of 2014 with revenue recognition in the fourth quarter of 2014.

"The successful sale of our second UK solar power project this year demonstrates our growing presence in the UK market," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "It also once again demonstrates our strong credentials and the capabilities of our PV project team from initial project development to final project completion. Global demand for clean and sustainable solar energy is expected to continue growing in the coming year. We look forward to steadily expanding the global footprint of our solar solution business and will benefit from the industry growth tremendously."

Ricardo Piñeiro, Head of UK Solar at Foresight added, "Our team is delighted to have completed the acquisition of the Homeland Solar Farm in Dorset from Trina Solar, the second such acquisition from Trina Solar in the final quarter of 2014. This has rounded off a successful 2014, which has seen Foresight's UK portfolio of operating solar plants grow by more than 500%, to a generating capacity of more than 310MW." 

CHANGZHOU, China, December 31, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, today announced that its State Key Laboratory of PV Science and Technology has set a new world record for power output from a high efficiency multi-crystalline silicon PV module.

Trina Solar's Honey Plus multi-crystalline silicon PV module reached a new power output record of 324.5Wp, which has been independently certified by TUV Rheinland. This result marks a new world record for a multi-crystalline silicon module composed of 60 high-efficiency Honey Plus multi-crystalline silicon cells (156156mm²) produced with advanced technologies including back surface passivation and local back surface field, which were developed by Trina Solar and are currently in pilot production.

This further builds on the Company's recent new world record for its Honey Plus p-type PERC cell which reached an efficiency of 20.76% as independently confirmed by Fraunhofer ISE CalLab in Germany. This result was listed in the "Solar Cell Efficiency Table (Version 45)" in the current issue of Progress in Photovoltaics (source: Prog. Photovolt: Res. Appl. 2015; 23:1-9) and was also recognized as an R&D highlight at the 6^th World Conference on Photovoltaic Energy Conversion (WCPEC-6).

Trina Solar has set four new world records in 2014 for p-type PERC cells and modules. These include new records for large-area (156156 mm²) p-type silicon substrates of 21.40% for mono-crystalline and 20.76% for multi-crystalline silicon solar cells, as well as new peak power output records for commercial PV modules of 335.2Wp for mono-crystalline and 324.5Wp for multi-crystalline silicon solar cells.

"At the Trina Solar State Key Laboratory of PV Science and Technology (SKL PVST), our focus is on delivering meaningful scientific and technological innovations," said Dr. Zhiqiang Feng, vice president of Trina Solar and director of the SKL PVST. "We are proud to have set several new world records for PV cells and modules on large-area substrates in 2014 which have delivered improvements to the efficiency, reliability and cost of crystalline silicon photovoltaic devices. Such R&D breakthroughs continue to demonstrate Trina Solar's position as the leader in technological innovations in the solar industry and sets base for future mass production of high efficiency products."

CHANGZHOU, China, December 8, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it has entered into a share purchase agreement to acquire a 28% stake in Shuntai Leasing (Changzhou) Company Limited ("Shuntai"). Total registered capital of Shuntai is approximately $50 million.

Changzhou Hi-tech Jinlong Holdings Ltd, a subsidiary of Changzhou Hi-tech Group Co., Ltd ("Changzhou Hi-tech Group), is the major shareholder of Shuntai. Changzhou Hi-tech Group is one of the largest state-owned companies in Changzhou covering a wide range of businesses including government financing, city development and operation of business enterprises. The group also owns several financing institutions and has raised approximately US$5.5 billion in the past years.

Trina Solar has also signed a cooperation agreement with Shuntai to finance the Company's downstream projects and solar manufacturing business by leveraging Shuntai's leasing platform.

"We are delighted to announce this investment in Shuntai," said Jifan Gao, Chairman and CEO of Trina Solar. Changzhou Hi-tech Group is our long-term strategic partner with whom we have developed a deep and trusting relationship. Our future cooperation with Shuntai will enable Trina Solar to expand its financing channels and better support our downstream business as well as our module business. We believe our investment in Shuntai together with our financing cooperation best leverage each party's strengths and we are confident it will drive future value for both Trina Solar and Shuntai."

The share transfer is expected to be completed by the end of this year.

SALT LAKE CITY and LONDON, Dec. 3, 2014 /PRNewswire/ -- In September, sPower (Sustainable Power Group), a leading renewable energy provider, and Camborne Capital, a prominent UK solar developer, announced a formal collaboration agreement to deploy significant capital under the UK's Renewables Obligation Certificate (ROC), Feed-In Tariff (FIT) and Contract for Difference (CfD) programs. In the last sixty days, the team has closed on three solar PV projects acquisitions: two from RGE Energy UK totaling 18.4MWdc (a 6.4MWdc project in Ceredigion and a 12MWdc project in Pembrokeshire) and one from Hive Energy (a 6.5MWdc project in Pembrokeshire). Importantly, the projects have already progressed to construction – with EPC contracts awarded and delivery taken on 28.5MW of PV modules from Trina Solar.

"The past 60 days have been critically significant for Camborne and sPower as we move to the construction phase of these first projects. Acquisition activities will continue as we maximize the opportunity in UK solar before the March 31, 2015 ROC deadline," said Declan Mackle, CEO of Camborne Energy Group.

Ryan Creamer, CEO of sPower, commented, "While we are pleased with the quality and speed of our joint UK acquisition and construction achievements thus far, there is still a tremendous opportunity to develop projects in advance of the looming deadline."

sPower and Camborne are in full acquisition and delivery mode to reach their target of 100MW of projects under the 1.4 ROC scheme. Their ability to close deals quickly gives an advantage over others, allowing sufficient time for projects to be constructed and accredited before the March 2015 deadline.

Camborne's Mackle added, "Camborne and sPower continue to add critical mass as we build up a significant portfolio of solar assets in the UK. We will be finalizing further acquisitions in the coming weeks as timing to get orders placed and projects built is critical."

Third Quarter 2014 Financial Results

• Net revenues were $616.8 million, an increase of 18.8% from the second quarter of 2014
• Earnings per fully diluted American Depositary Share ("ADS)", each representing 50 of the Company's ordinary shares, was $0.14, the same as the second quarter of 2014. Excluding the unrealized loss or gain in foreign exchange, earnings per ADS would be $0.34, an increase of 189.7% from the second quarter of 2014

"Both our module and downstream project businesses delivered good results in the third quarter of 2014, demonstrating our commitment to consistent revenue and profit growth for our core businesses," said Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar. "Despite foreign exchange fluctuations and weaker demand in Europe, we continue to meet or exceed our financial and performance targets. Particularly, gross margin significantly exceeded management guidance. In the third quarter, we strengthened the competitive advantages of our module business with our efforts to reduce module manufacturing costs and our emphasis on technology breakthroughs generating positive results. We continue to leverage the synergies between our module and downstream business units and expect the resulting positive momentum to continue through the rest of this year and into next year."

"The profitability of our core business grew in the third quarter. Our operating income increased 127% from the previous quarter, largely driven by growing demand from Japan and China. Our strategy to expand and diversify geographic markets continued to deliver good results this quarter. Sales in new and emerging markets represented almost 15% of our total shipments, demonstrating the success of our recent efforts to build a more comprehensive and diversified product distribution network covering more countries and regions."

"We strive to remain at the forefront of technology improvements and innovations. We recently set several new records in module power output and solar cell efficiencies. Our researchers from the State Key Laboratory of PV Science and Technology have demonstrated a high-efficiency mono crystalline Honey Module with 60 cells (156mm x 156mm), which set a new world record for peak power output of 335.2 W. Our mono crystalline silicon Honey Plus, p-type (156mm x156mm) PERC record-setting cell reached an efficiency of 21.4%. To our knowledge, this is the highest efficiency ever demonstrated to date for a large-area PERC solar cell fabricated using a low-cost industrial PERC process. In addition, our multi-crystalline silicon cell (156mm x 156mm), also fabricated with an industrial PERC process, reached another world record in efficiency of 20.76%. These efficiency numbers have been independently measured by Fraunhofer ISE CalLab in Freiburg, Germany and set two new world records, which were previously held by the Institute for Solar Energy Research Hamelin and Q-cell, respectively. We expect them to drive performance improvements in our commercial PV modules."

"We understand that the ultimate goal of our research is not just to increase solar cell efficiencies as high as theoretically possible, but rather to combine the increases in solar cell efficiencies with our innovative large-scale manufacturing process that will help us drive down costs and ultimately provide affordable and accessible solar energy to the world. We believe our investment in leading technology, product innovation and product diversification, together with our focus on superior quality and competitive cost structure, are recognized in the market and will continue to best position the company to increase sales and profit going forward."

"In the third quarter we intensified our project development efforts. As a result, we successfully sold a 10.6 MW power plant in the UK at a good margin. We commenced construction of a 49.9 MW solar power plant in the UK and completed the construction of a 120 MW project in Jiangsu province in China. We also strengthened our downstream business in China and accelerated our expansion into southern China by engaging a strategic partner in Yunnan province. Additionally, we are making steady progress in our distributed generation ("DG") business in China. For example, we completed and connected a commercial rooftop DG project in Changzhou, Jiangsu province, and currently have a number of new, small-scale DG projects under development. Given the highly dynamic downstream market in China, our emphasis is on evaluating project risks and conducting thorough financial return analysis prior to the development of the project. Despite a final decision not to proceed with a 130 MW utility project in Inner Mongolia due to the projected return being lower than expected and an adjustment to our downstream business strategy to respond to recent government policy changes, we remain optimistic and confident about the growth of our project pipeline and our ability to further capitalize on the strong momentum in China in the years ahead."

"In October 2014, we raised an aggregate of US$138.9 million in net proceeds through a successful follow-on public offering of ADSs and a concurrent offering of convertible senior notes. We expect to use the proceeds to support our ongoing efforts to drive growth in the downstream business, strengthen our solar project pipelines and provide funding for our manufacturing capacity expansion for 2015. I would like to extend our sincere thanks to our shareholders for believing in and investing in our vision, and for recognizing the value of our initiatives, particularly our two recent offerings on the capital markets. We will continue to work towards our goal of maximizing shareholder value."

CHANGZHOU, China, November 21, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it obtained Carbon Footprint Verification ("Verification") for the Company's solar PV modules from the British Standards Institution (BSI), a leading international standards and certification body.

The Carbon Footprint Verification, which is based on standards PAS 2050 and ISO 14067, is widely used as a means of quantifying the carbon footprint of a range of goods and services. The Verification involves assessing the carbon footprint at various stages of a product's life cycle, such as the acquisition of raw materials, process activities phase and packaging. The Verification enables organizations to conduct an internal assessment of Greenhouse Gas (GHG) emissions throughout a product's life cycle and helps identify potential cost and energy saving opportunities.

We are pleased to once again receive the Carbon Footprint Verification for our solar PV modules, said Jifan Gao, CEO and Chairman of Trina Solar. "The Verification provides dependable evidence of the environmental benefits of Trina Solar's products and serves as a differentiator for our products. The verification demonstrates Trina Solar's active commitment to sustainable development and a low carbon economy and recognizes our efforts to reduce the impacts of solar products on the environment. Our focus remains on further refining our product manufacturing processes and driving reductions in carbon emissions wherever possible."

CHANGZHOU, China, November 19, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has entered into an agreement for the design, build and operation and maintenance of the 10 MW Shamsuna Solar Project in Aqaba, Jordan with Shamsuna Power Company ("Shamsuna Power").

Foursan Capital Partners will hold a 85% stake and Shamasuna Power will hold a 15% stake in the project, respectively. The project is being financed by International Finance Corporation ("IFC") and a small syndicate of lenders. Construction of the project is scheduled to commence in December 2014 with completion and grid connection expected in the second quarter of 2015. Once the plant is completed, Trina Solar will provide Operation and Maintenance services on the project based on a 5 year service agreement with a possible 5 year extension upon mutual agreement.

The solar farm, located in the Aqaba Special Economic Zone, southeast of Aqaba, Jordan, will utilize 40,320 of Trina Solar's 250Wp TSM- PC05A modules. Once operational, it will be the largest solar farm in Aqaba, Jordan. All output generated by the project will be sold to Jordan's National Electric Power Company ("NEPCO") under a 20-year Power Purchase Agreement ("PPA") backed by a full sovereign guarantee from the Government of Jordan. The project will generate over 19 GWh of power annually helping to meet the growing demand for electricity in Jordan and reducing carbon emissions by approximately 11,500 tons per year.

"We are delighted to work with Trina Solar to build the largest solar farm in Aqaba, Jordan," said Shadi Haddadin, The Solar Plant manager of Shamsuna. "Trina Solar's global leadership, durable quality modules, as well as its proven track record distinguishes it as the best partner for us to work with. We regard this partnership as a win-win endeavor, and we look forward to continuing our success by working with Trina Solar again in the future."

"We are excited to be part of this groundbreaking project and are proud to have been accepted by IFC as the Engineering, Procurement and Construction ("EPC") provider for this project," said Qi Lin, President of PV Systems Business Unit of Trina Solar. "The project provides us with valuable first-hand experience in operating a solar system in a desert environment, as well as substantial knowledge of local grid companies that will help Trina Solar accelerate its pace of project development in the Middle East. The Jordanian government has introduced new incentives to encourage the development of solar projects throughout the country with the aim of increasing renewable energy contributions to 10% of the country's generation mix by 2020. We look forward to playing a meaningful role in Jordan's efforts to develop its solar sector and to leveraging Trina Solar's global brand, proven track record and technological expertise to rapidly penetrate the broader Middle East market."

CHANGZHOU, China, November 13, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it supplied 28.5MW of PV modules to sPower (Sustainable Power Group), a leading renewable energy provider, and Camborne Capital, a prominent UK solar developer.

A total of 105,560 of Trina Solar's 270W monocrystalline DC05A.08 Honey M silicon solar PV modules will be used on Camborne and sPower project sites in the UK. The panels will be installed over the coming months to ensure the facilities are energized and accredited to meet the March 31, 2015 1.4 Renewable Obligation Certificates (ROC) deadline.

"We are pleased that our superior products and services have led to our selection by Camborne Capital and sPower," commented Ben Hill, president for Trina Solar in Europe and Africa. "Our financial strength and industry leading sustainability credentials are always critical elements in such long-term investment decisions. We very much look forward to our continued partnership with sPower and Camborne Capital."

Ryan Creamer, CEO of sPower, added: "Contracting with Trina Solar to supply their high-efficiency PV modules fits strategically with sPower's focus on solutions that are both environmentally and economically responsible."

"This is a significant milestone for Camborne and sPower as we move to the construction phase of the first nearly 30MW of projects," said Declan Mackle, CEO of Camborne. "After evaluating several PV module suppliers, we decided to work with Trina Solar because of the company's quality product, proven track records in solar projects and its commitment to client service. We look forward to continuing our partnership with the Trina Solar team as we further maximise opportunities in the UK solar industry before the ROC deadline."

CHANGZHOU, China, November 12, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it ranked No. 1 for its environmental and social performance in the 2014 Solar Scorecard, an award system established by the Silicon Valley Toxics Coalition ("SVTC"). Trina Solar received a score of 92 out of a maximum of 100, the highest score among all twenty-nine competing solar companies which included SunPower, First Solar, SolarWorld, REC, Panasonic, Sharp and Yingli.

The 2014 Solar Scorecard ranks global photovoltaic module manufacturers on twelve factors including extended producer responsibility (EPR), emissions transparency, chemical reduction plan, workers' rights, health, safety, supply chains, conflict materials, module toxicity, high value recycling, prison labor, biodiversity, water, energy and GHGs. Judging was based on 12 different criteria of which Trina Solar ranked first among all participants for 11 of the criteria and scored full marks for eight.

SVTC's Solar Scorecard, now in its 5th year, aims to ensure the solar PV sector is safe for workers, communities and the environment. It reveals how companies perform on SVTC's sustainability and social justice benchmarks and is a resource for consumers, institutional purchasers, investors, installers, and anyone wishing to purchase PV modules from responsible product stewards. According to SVTC's published statement, over the next two years, SVTC will develop the Scorecard into an environmental leadership standard endorsed by multiple stakeholder groups.

"We are delighted to be the top ranked company once again in this year's SVTC ranking," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "Solar energy brings clean energy to mankind yet the PV industry still faces critical environmental challenges particularly as demand grows. Ranking number one for the 3rd consecutive year demonstrates our leadership in consistently reducing the use of toxic chemicals, developing responsible recycling systems and protecting workers throughout the manufacturing supply chain, while at the same time fulfilling our commitment to producing premier solar modules. We remain deeply committed to achieving our environmental and social targets and to shaping a truly clean and green solar industry."

CHANGZHOU, China, Nov. 7, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it completed the supply of 7.8 MW modules to power ten rooftop solar power plants in Thailand, which are developed by subsidiaries of Nathalin Welstar Energy Ltd.

A total of 31,200 Honey modules (TSM-PC05A) will be installed on Siam Global House rooftops across Thailand, a nation-wide home improvement and construction materials retailer. The installations are expected to provide an annual output of 8,000,000 kWh, which will account for 95% of the facilities' electricity needs. The rooftop solar projects are among the first distributed generation power plants in the Thai rooftop market since the Thai National Energy Policy Commission (NEPC) announced a feed-in tariff for rooftop solar power plants in July 2013. Revenue will be recognized in the fourth quarter of 2014.

"This is a significant development in the adoption of solar power in Thailand and we are delighted to provide our power-efficient and high-quality modules to support these rooftop solar projects," said Helena Li, Managing Director of Asia Pacific & Middle East Region at Trina Solar. "It demonstrates the growing demand for our products in emerging markets and broadens Trina Solar's global footprint. We are encouraged by the Thai government's efforts to promote green initiatives and are proud to support the development of solar energy in Thailand."

CHANGZHOU, China, November 6, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it completed the supply of 7.8 MW modules to power ten rooftop solar power plants in Thailand, which are developed by subsidiaries of Nathalin Welstar Energy Ltd.

A total of 31,200 Honey modules (TSM-PC05A) will be installed on Siam Global House rooftops across Thailand, a nation-wide home improvement and construction materials retailer. The installations are expected to provide an annual output of 800 kWh, which will account for 95% of the facilities' electricity needs. The rooftop solar projects are among the first distributed generation power plants in the Thai rooftop market since the Thai National Energy Policy Commission (NEPC) announced a feed-in tariff for rooftop solar power plants in July 2013. Revenue will be recognized in the fourth quarter of 2014.

"This is a significant development in the adoption of solar power in Thailand and we are delighted to provide our power-efficient and high-quality modules to support these rooftop solar projects," said Helena Li, Managing Director of Asia Pacific & Middle East Region at Trina Solar. "It demonstrates the growing demand for our products in emerging markets and broadens Trina Solar's global footprint. We are encouraged by the Thai government's efforts to promote green initiatives and are proud to support the development of solar energy in Thailand."

CHANGZHOU, China, October 14, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that its high-efficiency Honey solar module has set a new world record for peak power output for P-type monocrystalline silicon PV modules, as independently certified by TUV Rheinland. The module was developed in the Company's State Key Lab of PV Science and Technology and is composed of 60 156mm x 156mm high-efficiency Honey monocrystalline silicon cells. It generates a peak power output of 335.2W, breaking the previous world record of 326.3W, set by Trina's Solar's original Honey module in April 2014.

"We are thrilled to once again break the power output world record for P-type monocrystalline silicon PV modules just six months after we first set it. Through our advanced State Key Lab of PV Science and Technology Trina Solar is delivering on its commitment to be the innovation leader in the industry," said Dr. Zhiqiang Feng, Technology Vice President and Director of the State Key Laboratory of PV Science and Technology of Trina Solar. "The fact that we have broken the world record twice within just half a year gives us confidence in the huge potential to commercialize modules with higher efficiency, thereby reducing the cost of achieving grid parity and providing high-efficiency solar energy to more households in the near future."

CHANGZHOU, China, Oct.10, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it signed a share purchase agreement on September 30, 2014 to sell the Company's 10.6MW PV power plant located in Trehawke, UK to funds managed by Foresight Group LLP ( "Foresight"). This is the first of two Trina Solar UK projects that connected to the grid in Q1 2014.

The utility-scale Trehawke solar power plant utilizes 41,404 Trina Solar TSM-255-PC05A modules that provide high quality, durability and performance. The solar power plant generates 10,300 MWh of electricity every year. 

"We are delighted to acquire the 10.6MW PV power plant located in Trehawke, Cornwall from Trina Solar, which has a successful track-record of delivering value to its clients," said Ricardo Pi�eiro, Director and Head of UK Solar at Foresight. "The transaction is consistent with Foresight's strategy to invest in high quality operational assets built by world-leading tier one solar power system developers, such as Trina Solar and which offer stable returns for our investors. This transaction with Trina Solar showcases the strength of working with a partner with international credentials, and we look forward to further cooperation with Trina Solar in the near future."

"This is an exciting step forward for Trina Solar's overseas downstream expansion and underscores our continued momentum in the UK," said Mr. Jifan Gao, CEO of Trina Solar. "Successful completion of this sale will allow us to redeploy resources on other projects and to further expand our pipeline in the UK. We currently have an additional 49.9MW project under construction in the UK expected to be completed in Q1 2015, which has attracted the interest of several potential buyers. We look forward to more sales in the near future and will continue our project development through the outstanding efforts of our company and local strategic partners."

The revenue from the sale of the Trehawke power plant is expected to be recognized in Q3 2014.

CHANGZHOU, China, October 7, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced that it closed the offering of US$115 million in aggregate principal amount of convertible senior notes due 2019 (the "Notes") (the "Notes Offering"), which included the exercise in full of the option to purchase an additional US$15 million aggregate principal amount of the Notes granted by Trina Solar. Trina Solar received aggregate net proceeds of approximately US$112.1 million after deducting discounts and commissions but before offering expenses from the Notes Offering.

The Company also closed the concurrent offering of 10,333,785 American Depositary Shares (the "ADSs"), each representing 50 ordinary shares of the Company, par value of US$0.00001 per share (the "ADS Offering"), 2,504,000 of which (the "primary ADSs") were offered and sold by the Company, at US$11.75 per ADS and 7,829,785 of which (the "borrowed ADSs") were loaned to affiliates of the underwriters of the Notes (the "ADS Borrowers"), as described below. Trina Solar received aggregate net proceeds of approximately US$26.8 million after deducting discounts and commissions but before offering expenses from the ADS Offering. Trina Solar has also granted the underwriters in the ADS Offering a 30-day option to purchase up to an additional 1,125,000 ADSs in connection with the ADS Offering to cover over-allotments.

In connection with the Notes Offering, Trina Solar has entered into ADS lending agreements with the ADS Borrowers, pursuant to which Trina Solar loaned 7,829,785 borrowed ADSs to the ADS Borrowers. 4,996,000 borrowed ADS have been initially offered at US$11.75 per ADS and the remaining borrowed ADSs will be subsequently sold at prevailing market prices at the time of sale or at negotiated prices. The sale of the borrowed ADSs is intended to facilitate privately negotiated transactions or short sales by which investors in the Notes will hedge their investment in the Notes. The ADS Borrowers will be required to return the borrowed ADSs pursuant to the ADS lending agreements by the maturity date of the Notes. The ADS Borrowers received all of the proceeds from the sale of the borrowed ADSs. Trina Solar did not receive any proceeds from the offering of the borrowed ADSs, but received a nominal lending fee from the ADS Borrowers, which the Company intends to use for general corporate purposes. The borrowed ADSs are not outstanding for purposes of calculating earnings per share under current GAAP rules and therefore Trina Solar will not incur share dilution from the borrowed ADSs.

The Notes have been offered to qualified institutional buyers pursuant to Rule 144A and to non-U.S. persons outside the United States in reliance on Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The Notes, the ADSs deliverable upon conversion of the Notes and the ordinary shares represented thereby have not been and will not be registered under the Securities Act or the securities laws of any other place, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

CHANGZHOU, China, October 7, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced that it closed the offering of 10,333,785 American Depositary Shares (the "ADSs"), each representing 50 ordinary shares of the Company, par value of US$0.00001 per share (the "ADS Offering"), 2,504,000 of which (the "primary ADSs") were offered and sold by the Company, at US$11.75 per ADS and 7,829,785 of which (the "borrowed ADSs") the Company loaned to affiliates of the underwriters of the Company's concurrent offering of convertible senior notes (the "ADS Borrowers"), as described below. Trina Solar received aggregate net proceeds of approximately US$26.8 million after deducting discounts and commissions but before offering expenses from the ADS Offering. Trina Solar has also granted the underwriters in the ADS Offering a 30-day option to purchase up to an additional 1,125,000 ADSs in connection with the ADS Offering to cover over-allotments.

The Company also closed the concurrent offering of US$115 million in aggregate principal amount of convertible senior notes due 2019 (the "Notes") (the "Notes Offering") on October 6, 2014, which included the exercise in full of the option to purchase an additional US$15 million aggregate principal amount of the Notes granted by Trina Solar. Trina Solar received aggregate net proceeds of approximately US$112.1 million after deducting discounts and commissions but before offering expenses from the Note Offering.

In connection with the Notes Offering, Trina Solar has entered into ADS lending agreements with the ADS Borrowers, pursuant to which Trina Solar loaned 7,829,785 borrowed ADSs to the ADS Borrowers. 4,996,000 borrowed ADS have been initially offered at US$11.75 per ADS and the remaining borrowed ADSs will be subsequently sold at prevailing market prices at the time of sale or at negotiated prices. The sale of the borrowed ADSs is intended to facilitate privately negotiated transactions or short sales by which investors in the Notes will hedge their investment in the Notes. The ADS Borrowers will be required to return the borrowed ADSs pursuant to the ADS lending agreements by the maturity date of the Notes. The ADS Borrowers received all of the proceeds from the sale of the borrowed ADSs. Trina Solar did not receive any proceeds from the offering of the borrowed ADSs, but received a nominal lending fee from the ADS Borrowers, which the Company intends to use for general corporate purposes. The borrowed ADSs are not outstanding for purposes of calculating earnings per share under current GAAP rules and therefore Trina Solar will not incur share dilution from the borrowed ADSs.

CHANGZHOU, China, Oct. 1, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced the pricing of its previously announced offering of US$100 million in aggregate principal amount of convertible senior notes due 2019 (the "Notes") (the "Notes Offering"). Trina Solar has also granted to the underwriters in the Notes Offering a 30-day option to purchase up to an additional US$15 million in aggregate principal amount of the Notes.

The Company also priced the concurrent offering of 10,333,785 American Depositary Shares ("ADSs"), each representing 50 ordinary shares of the Company, par value of US$0.00001 per share (the "ADS Offering"), 2,504,000 of which (the "primary ADSs") are being offered and sold by the Company and 7,829,785 of which (the "borrowed ADSs") the Company will loan to affiliates of the underwriters of the Notes (the "ADS Borrowers"). Trina Solar has also granted the underwriters in the ADS Offering a 30-day option to purchase up to an additional 1,125,000 primary ADSs to cover over-allotments. The offering of the primary ADSs is contingent upon the consummation of both the concurrent offering of the Notes and the offering of the borrowed ADSs, and the concurrent offering of the Notes and the offering of the borrowed ADSs are both contingent upon the consummation of the offering of the primary ADSs.  The offerings are expected to close on October 6, 2014 subject to satisfying customary closing conditions.

The Notes will pay interest semi-annually at the annual rate of 4.0% and will mature on October 15, 2019. The Notes will be convertible into ADSs at an initial conversion rate of 68,0851 ADSs per US$1,000 principal amount of the Notes (equivalent to an initial conversion price of approximately US$14.69 per ADS), subject to adjustments under certain circumstances. The Notes may be redeemed by Trina Solar under certain circumstances. It is also contemplated that holders will have the right to require Trina Solar to repurchase the Notes on October 15, 2017 or upon the occurrence of certain fundamental changes.

Trina Solar plans to use the net proceeds from Notes Offering for general corporate purposes, which may include the development of solar power projects and their general financing requirements, expansion of manufacturing capacity and working capital.

In connection with the Notes Offering, Trina Solar has entered into ADS lending agreements with the ADS Borrowers, pursuant to whichTrina Solar will lend 7,829,785 borrowed ADSs to the ADS Borrowers. Concurrently with the Notes Offering, the ADS Borrowers will sell the borrowed ADSs pursuant to a separate prospectus supplement. 4,996,000 of the borrowed ADSs have been initially offered atUS$11.75 per ADS and the remaining borrowed ADSs will be subsequently sold at prevailing market prices at the time of sale or at negotiated prices. The sale of the borrowed ADSs is intended to facilitate privately negotiated transactions or short sales by which investors in the Notes will hedge their investment in the Notes. The ADS Borrowers will be required to return the borrowed ADSs pursuant to the ADS lending agreements by the maturity date of the Notes. The ADS Borrowers will receive all of the proceeds from the sale of the borrowed ADSs. Trina Solar will not receive any proceeds from the offering of the borrowed ADSs, but will receive a nominal lending fee from the ADS Borrowers, which the Company intends to use for general corporate purposes. The borrowed ADSs are not outstanding for purposes of calculating earnings per share under current GAAP rules and therefore Trina Solar will not incur share dilution from the borrowed ADSs.

CHANGZHOU, China, Oct. 1, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced the pricing of its previously announced offering of 10,333,785American Depositary Shares ("ADSs"), each representing 50 ordinary shares of the Company, par value of US$0.00001 per share (the "ADS Offering"), 2,504,000 of which (the "primary ADSs") are being offered and sold by the Company and 7,829,785 of which (the "borrowed ADSs") the Company will loan to affiliates of the underwriters of the Company's concurrent offering of convertible senior notes (the "ADS Borrowers"), as described below. Trina Solar has also granted to the underwriters in the ADS Offering a 30-day option to purchase up to an additional 1,125,000 primary ADSs to cover over-allotments.

The Company also priced the concurrent offering of US$100 million in aggregate principal amount of convertible senior notes due 2019 (the "Notes") (the "Notes Offering"). Trina Solar has granted to the underwriters in the Notes Offering a 30-day option to purchase up to an additional US$15 million aggregate principal amount of the Notes. The offering of the primary ADSs is contingent upon the consummation of both the concurrent offering of the Notes and the offering of the borrowed ADSs, and the concurrent offering of the Notes and the offering of the borrowed ADSs are both contingent upon the consummation of the offering of the primary ADSs. The offerings are expected to close on October 6, 2014 subject to satisfying customary closing conditions.

Trina Solar plans to use the net proceeds from ADS Offering for general corporate purposes, which may include the development of solar power projects and their general financing requirements, expansion of manufacturing capacity and working capital.

In connection with the Notes Offering, Trina Solar has entered into ADS lending agreements with the ADS Borrowers, pursuant to whichTrina Solar will lend 7,829,785 borrowed ADSs to the ADS Borrowers. 4,996,000 of the borrowed ADSs have been initially offered atUS$11.75 per ADS in this offering of ADSs, and the remaining borrowed ADSs will be subsequently sold at prevailing market prices at the time of sale or at negotiated prices. The sale of the borrowed ADSs is intended to facilitate privately negotiated transactions or short sales by which investors in the Notes will hedge their investment in the Notes. The ADS Borrowers will be required to return the borrowed ADSs pursuant to the ADS lending agreements by the maturity date of the Notes. The ADS Borrowers will receive all of the proceeds from the sale of the borrowed ADSs. Trina Solar will not receive any proceeds from the offering of the borrowed ADSs, but will receive a nominal lending fee from the ADS Borrowers, which the Company intends to use for general corporate purposes. The borrowed ADSs are not outstanding for purposes of calculating earnings per share under current GAAP rules and therefore Trina Solarwill not incur share dilution from the borrowed ADSs.

CHANGZHOU, China, September 30, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced the commencement of the offering of US$100 million in aggregate principal amount of convertible senior notes due 2019 (the "Notes") (the "Notes Offering"). Trina Solar has granted to the underwriters in the Notes Offering a 30-day option to purchase up to an additional US$15 million in aggregate principal amount of the Notes.

The Company also commenced a concurrent offering of approximately 7,000,000 American Depositary Shares ("ADSs"), each representing 50 ordinary shares of the Company, par value of US$0.00001 per share (the "ADS Offering"), approximately 2,000,000 of which (the "primary ADSs") are being offered and sold by the Company and approximately 5,000,000 of which (the "borrowed ADSs") the Company will loan to affiliates of the underwriters of the Notes (the "ADS Borrowers"). Trina Solar has also granted the underwriters in the ADS Offering a 30-day option to purchase up to an additional amount of approximately 1,050,000 primary ADSs to cover over-allotments. The offering of the primary ADSs is contingent upon the consummation of both the concurrent offering of the Notes and the offering of the borrowed ADSs, and the concurrent offering of the Notes and the offering of the borrowed ADSs are both contingent upon the consummation of the offering of the primary ADSs. The offerings are subject to market conditions and other factors.

The Notes will be convertible into Trina Solar's ADSs and will mature on October 15, 2019. The Notes may be redeemed by Trina Solar under certain circumstances. It is also contemplated that holders will have the right to require Trina Solar to repurchase the Notes on October 15, 2017 or upon the occurrence of certain fundamental changes. The conversion rate and other terms of the Notes have not been finalized and will be determined at the time of pricing of the Note Offering.

In connection with the Notes Offering, Trina Solar will enter into ADS lending agreements with the ADS Borrowers, pursuant to which Trina Solar will lend the borrowed ADSs to the ADS Borrowers. Concurrently with the Notes Offering, the ADS Borrowers will sell the borrowed ADSs pursuant to a separate prospectus supplement. The sale of the borrowed ADSs is intended to facilitate privately negotiated transactions or short sales by which investors in the Notes will hedge their investment in the Notes. The ADS Borrowers will be required to return the borrowed ADSs pursuant to the ADS lending agreements by the maturity date of the Notes. The ADS Borrowers will receive all of the proceeds from the sale of the borrowed ADSs. Trina Solar will not receive any proceeds from the offering of the borrowed ADSs, but will receive a nominal lending fee from the ADS Borrowers. The borrowed ADSs are not outstanding for purposes of calculating earnings per share under current GAAP rules and therefore Trina Solar will not incur share dilution from the borrowed ADSs. The size of the ADS Offering will ultimately depend on the amount of the Notes Offering allocated to investors who wish to hedge their investment in the Notes.

CHANGZHOU, China, September 30, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced the commencement of the offering of approximately 7,000,000 American Depositary Shares ("ADSs"), each representing 50 ordinary shares of the Company, par value of US$0.00001 per share (the "ADS Offering"), approximately 2,000,000 of which (the "primary ADSs") are being offered and sold by the Company and up to approximately 5,000,000 of which (the "borrowed ADSs") the Company will loan to affiliates of the underwriters of the Company's concurrent offering of convertible senior notes (the "ADS Borrowers"), as described below. Trina Solar has granted the underwriters in the ADS Offering a 30-day option to purchase up to an additional amount of approximately 1,050,000 primary ADSs to cover over-allotments.

The Company also commenced a concurrent offering of US$100 million in aggregate principal amount of convertible senior notes due 2019 (the "Notes") (the "Notes Offering"). Trina Solar has granted the underwriters in the Notes Offering a 30-day option to purchase up to an additional US$15 million aggregate principal amount of the Notes. The offering of the primary ADSs is contingent upon the consummation of both the concurrent offering of the Notes and the offering of the borrowed ADSs, and the concurrent offering of the Notes and the offering of the borrowed ADSs are both contingent upon the consummation of the offering of the primary ADSs. The offerings are subject to market conditions and other factors.

In connection with the Notes Offering, Trina Solar will enter into ADS lending agreements with the ADS Borrowers, pursuant to which Trina Solar will lend the borrowed ADSs to the ADS Borrowers. Concurrently with the Notes Offering, the ADS Borrowers will sell the borrowed ADSs pursuant to a separate prospectus supplement. The sale of the borrowed ADSs is intended to facilitate privately negotiated transactions or short sales by which investors in the Notes will hedge their investment in the Notes. The ADS Borrowers will be required to return the borrowed ADSs pursuant to the ADS lending agreements by the maturity date of the Notes. The ADS Borrowers will receive all of the proceeds from the sale of the borrowed ADSs. Trina Solar will not receive any proceeds from the offering of the borrowed ADSs, but will receive a nominal lending fee from the ADS Borrowers. The borrowed ADSs are not outstanding for purposes of calculating earnings per share under current GAAP rules and therefore Trina Solar will not incur share dilution from the borrowed ADSs. The size of the ADS Offering will ultimately depend on the amount of the Notes Offering allocated to investors who wish to hedge their investment in the Notes.

CHANGZHOU, China, September 26, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it was selected to supply 11.7 MW of modules to customers' ground-mounted solar PV plants in the emerging solar markets of Turkey and Ecuador. The agreements demonstrate the company's ongoing progress in executing its geographical diversification strategy.

The solar plant located in the Antalya region of Turkey is expected to have a total capacity of 5.8 MW and will utilize 23,650 Trina Solar TSM-PC14 300W 72 cell modules. The facilities in Ecuador are expected to have a total capacity of 5.9 MW and will utilize 9,193 of Trina Solar's premium TSM-PC05A 250W 60-cell Honey modules. Trina Solar recently completed module shipment to the projects.

"We are excited to announce these two supply agreements to projects in Turkey and Ecuador, both of which are rich in solar resources and offer prime conditions for solar power plants," said Ben Hill, Head of EU and Africa at Trina Solar. "These supply agreements are strategically significant for Trina Solar as we continue to expand and diversify our global footprint. We look forward to working with our many valued customers and business partners in these markets as we make full use of our high quality brands to further strengthen our presence in these high potential solar markets."

HONG KONG, Sept. 18, 2014 /PRNewswire/ -- TUV Rheinland, a global leader in the provision of testing and certification services for PV modules and components, recently issued its first Potential Induced Degradation (PID) test certificate in Greater China. New Duo-Max module (the PEG14 and PDG14 series) from Trina Solar Limited (NYSE: TSL) successfully passed the most stringent PID test and received the quality certification. This is a significant achievement, as it is the first PID certificate issued by TUV Rheinland in Greater China, and also serves as ample proof that the photovoltaic components from TSL meet the most stringent PID testing standards （1500V，85%RH85 degree Celsius ，192h）. This is also the first PID certificate regarding to 1500V system voltage.

PID refers to potential induced performance degradation in crystalline photovoltaic modules. It occurs when the module's voltage potential and leakage current cause ion mobility within the module. The degradation accelerates with exposure to humidity, temperature and voltage potential. Consequently, PID can have a profound adverse effect on the financing and operation of PV plants. PID tests simulate the practical conditions in the PV system, and verify the module performance and power output under high voltage.

In a standard test, the PV module is required to meet the 2PfG2387/04.14 testing requirement under conditions of 1000 volts of system voltage, a relative humidity of 85% and a temperature of 65 degree Celsius for 96 hours continuously. TSL succeeded in the most challenging test, under which the PV modules were exposed to extreme conditions of 85 degree Celsius, a relative humidity of 85% and 1,500 volts of system voltage, with the results showing less than 1.5% power degradation after 192 hours.

"The entire PV industry has paid great attention to PID and power loss, and some of the local PV manufactures have subjected their components to the standard PID tests. However, this was the first PID test under such severe conditions," said Chris Zou. "Through the rigorous tests conducted by the authorised third party, we hope to provide PV plants with a precise index of high performance products. Furthermore, we are also helping manufactures to verify the quality and performance of their PV components through these tests," he added.

Trina Solar Limited not only specialises in the manufacture of crystalline silicon photovoltaic modules, but is also a global leader in solar modules, solutions and services. After optimising its PV cells and module manufacturing technology, all of the PV cells and PV components produced by TSL now possess outstanding anti-PID capability. The PV modules with anti-PID capability can reduce the degradation of power output under harsh environments, such as salt mist, humidity, high voltage and so forth.

TUV Rheinland and TSL are working more closely with each other. TUV Rheinland has issued the first "Intelligent Component" certification for the innovative Trinasmart modules made by TSL. This PID certification adds a strong competitive element, further strengthening TSL's leading performance and the reliability of intelligent modules, and demonstrating its capability of producing high-quality PV products for export around the world. Meanwhile, TUV Rheinland will continue to provide other PV module manufactures with its excellent PID certification service.

CHANGZHOU, China, September 10, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it has agreed to supply 70MW high efficiency modules to a large-scale solar power project in Chile.

Under the terms of the agreement, Trina Solar will deliver TSM-PC14 solar modules that have an output of between 300W and 310W per panel. Shipment of the modules will commence in September 2014.

"We are pleased to have secured Trina Solar's second agreement this year to supply modules to large utility scale projects in Chile. We pride ourselves on our ability to establish long-term relationships with our customers, especially in emerging markets such as Chile, where there is currently large demand and we see significant future potential for solar energy," said Mr. Zhiguo Zhu, President of Module Business Unit at Trina Solar. "We are delighted with the demand we're seeing for our high efficiency modules in South America and we expect this to continue to grow. The stable performance these modules provide in environments with high variations in temperature are very suitable for the region's solar projects. We look forward to continuing to build long-term strategic relationships with our many valued customers as we grow our business in the rapidly expanding South American market, allowing us to further advance the realization of our diversified global strategy."

CHANGZHOU, China, September 2, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it has entered into a share purchase agreement and acquired a 90% stake in Yunnan Metallurgical New Energy Co., Ltd ("Yunnan Metallurgical New Energy") from Yunnan Metallurgical Group Co., Ltd., Kunming Yeyan New Material Co., Ltd., and Kunming Engineering & Research Institute of Nonferrous Metallurgy Co., Ltd. (collectively the "Parties"). The remaining 10% will be collectively held by the three Parties. Trina Solar obtained the stake by participating in a bidding process conducted through the Yunnan Public Resource Trading Center's online bidding platform after Yunnan Metallurgical New Energy posted an invitation to bid for the majority stake via the Yunnan Equity Exchange.

Yunnan Metallurgical New Energy is committed to developing downstream solar power projects and currently has a 300 MW project under development in southern Yunnan province. Upon operation, it will become the largest single utility scale solar power plant in Yunnan and one of the largest in China. Construction of the 300 MW project is expected to begin in the third quarter of 2014. By combining the resources of strategic partners, Yunnan Metallurgical New Energy will also actively seek new project opportunities to expand its downstream pipeline.

"We are delighted to partner with Yunnan Metallurgical Group and its two subsidiaries to develop solar power projects," said Jifan Gao, Chairman and Chief Executive Officer of Trina Solar. "We are committed to supporting the adoption of solar energy and environmental protection in the Yunnan region through our combined strengths. Thanks to our quality manufacturing capabilities and track record in project development coupled with our partners' market position and access to project resources in the region, we look forward to working together to capitalize on new project opportunities to the benefit of all parties. Developing strategic partnerships with select partners demonstrates our flexibility in exploring downstream opportunities in China and will strengthen our leading position in the downstream market."

Second Quarter 2014 Financial Results

• Net revenues were $519.4 million, an increase of 16.8% from the first quarter of 2014
• Earnings per fully diluted American Depositary Share ("ADS" and each ADS represents 50 of the Company's ordinary shares) was $0.14, compared to $0.37 in the first quarter of 2014

Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar, commented, "It is my pleasure to report that we delivered a solid set of results in the second quarter of 2014. Our global sales network and strong brand allow us to capitalize on commercial opportunities across the multiple markets where we have a presence, which has helped us to achieve strong sequential shipment growth in our core module business. At the same time, our growth strategy of focusing on developing our downstream business is progressing well.

"In our module business, demand from both the China and overseas markets has picked up dramatically. Notably, we continue to see robust demand for our products from our many valued long-term customers in the U.S., thanks to Trina Solar's established market position and superior product offerings. Following a relatively weak first quarter in China, we saw strong growth in demand for Trina Solar's products in the second quarter.

"We are excited about the potential we see in our downstream business and will continue to invest in building a mature pipeline of projects. We have seen a steady flow of new opportunities in the key markets we are targeting for investment. In the second quarter of 2014, we commenced construction on schedule of a 90 MW power plant in China's Xinjiang province. Further, we have completed a number of Distributed Generation ("DG") projects in China, with a number of new projects currently being developed. In August, we acquired a 49.9 MW project in the United Kingdom. We believe the United Kingdom is a good target country for investment due to its well-established market and mature investment environment. Looking ahead, we are optimistic that our growth will continue, particularly in our downstream business. We expect to see more DG projects come online in China throughout the remainder of 2014.

"To support these initiatives and to capitalize on available growth opportunities, we recently raised $222.7 million in net proceeds through a successful follow-on public offering of American Depositary Shares and a concurrent offering of convertible senior notes. This funding provides additional flexibility to accelerate growth in downstream and strategically expands our module production capacity.

"Finally, in relation to the recent U.S. antidumping and countervailing duty ("AD" and "CVD") preliminary rulings and our strategy in the U.S. market, we believe Trina Solar will continue to play an important role and maintain our leading market position in the U.S. thanks to our solid and long-standing reputation for high quality products and services, our competitive cost structure, strong manufacturing capacity, and the fact that Trina has the lowest 2014 and 2012 AD and CVD tariffs among all Chinese solar products manufacturers."

Third Quarter and Fiscal Year 2014 Guidance

In the third quarter of 2014 the Company expects to ship between 1,060 MW and 1,120 MW of PV modules, of which 130 MW to 150 MW will be shipped to its downstream PV projects. Revenues will not be recognized for the modules shipped to its own developed projects as required by U.S. GAAP. The Company expects its blended gross margin for 2014 to be at mid-teens in percentage terms with slightly lower gross margin expected for the third quarter of 2014.

The Company reiterates its 2014 guidance of total PV module shipments between 3.6 GW and 3.8 GW, of which 400 MW to 500 MW of PV modules will be shipped to the Company's own downstream projects. Revenues will not be recognized for the modules shipped to its own projects as required by U.S. GAAP. The Company maintains its guidance of completed downstream PV projects of between 400 MW and 500 MW for the year of 2014.

CHANGZHOU, China, Aug. 18, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it signed an agreement to supply 82MW of its anti-Potential Induced Degradation ("PID") modules to Sihong Tianganghu Photovoltaic Power Generation Co., Ltd. ("Tianganghu PV Power Generation") for a solar power plant located in Jiangsu Province.

Trina Solar will supply approximately 320,000 TSM-PC05A modules with power outputs of 245 Wp, 250Wp and 255 Wp. All modules are of the highest anti-PID level currently available - up to 85°C / 85% relative humidity. In addition, all modules come with a 25-year linear power output performance guarantee. Module shipments are expected to be completed by the end of 2014.

"We are very proud to have secured this contract and to supply our advanced anti-PID modules to this unique project, which is one of the first few large-scale power plants designed to an 85°C / 85% relative humidity anti-PID standard," said Zhiguo Zhu, President of the Module Business Unit of Trina Solar. "This once again showcases our ability to produce the very best solar products and to continue to meet our customer's evolving needs. Trina Solar remains deeply committed to product innovation and we continue to integrate R&D successes into our solar products. Our focus remains on enhancing product performance, reducing costs and delivering both commercial and financial benefits to our customers."

By optimizing cell and module manufacturing technologies, Trina Solar's anti-PID modules effectively reduce the loss in solar panel power output caused by severe environmental conditions including high voltage, severe salt mist and high humidity.

CHANGZHOU, China, August 12, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced the acquisition of a 49.9 MW utility-scale ground-mounted power project in the UK from Good Energy Group PLC ("Good Energy").

The solar PV power plant received planning consent in January 2014 and will utilize Trina Solar's high quality PV modules. Construction will start in the third quarter of 2014 and the site is expected to be connected to the national grid before the end of the first quarter of 2015. If connection occurs prior to the end of March 2015 it will be entitled to receive 1.4 Renewables Obligation Certificates (ROCs) per megawatt-hour (MWh). Once operational, the project is expected to supply clean energy to more than 14,000 UK homes per year.

"This new project represents a new step forward for Trina Solar in the UK following the completion and grid-connection of our first two projects that totaled an installed capacity of 23.8 MWp. This new project will further strengthen our leading market position in the UK, as well as in Europe," said Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar. "As a mature and fast growing PV market, the UK presents opportunities for Trina to continue to invest in the downstream business. With a diversified downstream pipeline in China, Europe, Japan and Middle East, we are well positioned to realize our goal of 400 MW to 500 MW project developments this year."

CHANGZHOU, China, July 9, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it will supply 200MW of modules to Zonergy Company Limited ("Zonergy")'s downstream projects in China, marking its largest single module supply agreement to date in 2014.

Trina Solar will supply approximately 800,000 pieces of its TSM-PC05A modules for Zonergy's downstream projects located across several provinces in China such as Jiangsu, Shandong, Xinjiang, Qinghai and Sichuan. All modules supplied to Zonergy are certified by TUV-SUD as Anti-PID tested to 60^oC/85RH% (85 Degrees Celsius temperature /85% relative humidity). Module delivery is expected to be completed in December 2014.

"Trina Solar came out as our top selection among all tier one module manufacturers we considered based on their ability to meet our stringent internal standards and their second-to-none performance in all criteria including brand recognition, quality, value proposition and commitment to customer service," said Wuhua Zhang, Deputy President of Zonergy. "Our trust in Trina Solar arises from its sufficient capacity and its proven track record of meeting customer's needs with an integrated offer that includes top-quality products and on-time delivery which is of great value to our rapidly growing downstream business. We have a large pipeline planned in China for this and next year. We look forward to building a long-term, strategic partnership with Trina Solar and to realizing Zonergy's success in downstream solar project development."

"We are thrilled to win this order with premium price and be the key module supplier for Zonergy in 2014," said Zhiguo Zhu, Module Business Unit President of Trina Solar. "This record order is by far the largest single order Trina has been awarded this year and I thank the entire Trina sales team's diligent work and commitment to success. Our ability to win large orders like this is a testimony to Trina Solar's leading position in the flourishing solar market in China. Zonergy has an extensive pipeline of downstream projects this year, and we welcome the opportunity to partner with Zonergy team to support their rapidly-growing roster of solar projects."

CHANGZHOU, China, June 23, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it received the BlueSky Award 2014 for Global Top Investment Scenarios to Apply New Technologies for Renewable Energy Utilization ("BlueSky Award") for its high efficiency crystalline silicon solar cells and Honey Ultra modules.

Sponsored by the United Nations Industrial Development Organization (UNIDO) and organized by the Shenzhen International Technology Promotion Center for Sustainable Development (ITPC), the BlueSky Award calls for the worldwide recognition of advanced technologies with the highest level of industrial investment values in the field of renewable energy.

Utilizing its own crystalline silicon solar cells, Trina Solar's Honey Ultra high efficiency crystalline silicon solar module has set three world records in the last four years. Most recently, Honey Ultra achieved a new record of 326.3W power output in April 2014, which was independently certified by TUV Rheinland. To date, the average module power rating and the efficiency of PV cells that are currently being piloted and intended for mass production are 283W and 20%, respectively. While the corresponding maximum values are 285W and 20.54%, respectively.

"It is a great honor to receive this world-class award which recognizes Trina Solar's unrelenting commitment to technology innovation and our devotion to improving the utilization of renewable energy," said Dr. Zhiqiang Feng, Vice President of Trina Solar and Director of the State Key Lab of PV Science and Technology. "By drawing on our State Key Lab of PV Science and Technology's expertise, we have successfully achieved a number of critical milestones in the areas of conversion efficiency improvement, module manufacturing cost reduction and the commercialization of innovative technologies. Our technological developments will help lower the overall cost of solar power generation and contribute towards accelerating the achievement of solar power grid parity."

CHANGZHOU, China, June 19, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it will supply 60MW of PV modules to Xinyi Solar Holdings Limited ("Xinyi Solar"), one of the world's largest solar PV glass manufacturers, for its utility scale and agricultural greenhouse solar projects in Anhui, China.

Xinyi Solar will utilize 5MW of Trina Solar's TSM-PC05A modules, 30MW of TSM-PC14 modules, as well as 25 MW of the Company's state-of-the-art dual glass TSM-PDG5 modules. The PDG5 dual glass solar panel will be used as a roof bracing piece for an agricultural greenhouse located within Xinyi Solar's power plant in Anhui province. Compared to conventional modules, dual glass PDG5 modules provide appropriate transmittance of sun light, which better maintains greenhouse temperatures and its high performance in harsh environments offers resistance to the use of pesticide sprays in the greenhouse. Shipment of the modules is expected to be completed by August 2014.

"We are pleased to be working with our long term strategic partner Xinyi Solar to support its continuing solar project development in China," said Zhiguo Zhu, Module Business Unit President of Trina Solar. "Following the launch of our PDG5 module in early 2013, Trina Solar has received significant interest from both existing and prospective customers due to its superior value proposition and numerous unique features. With an extended 30-year warranty, our modules will be able to maintain a stable output throughout the course of their life time, which we believe will ultimately generate high returns for our customers."

Wesley Lee, CEO of Xinyi Solar, said, "We chose to partner with Trina Solar because they not only offer a wide range of diverse products but also due to their continued efforts in R&D and innovation. We believe Trina's high quality dual glass solar modules are the best fit for our project needs out of the products currently available on the market for our project. We look forward to continuing to work closely with Trina Solar as we develop our downstream business across China."

Trina Solar's PDG5 is a UL/IEC certified frameless module that comprises two layers of 2.5mm heat-strengthened glass. By replacing the plastic backsheet with heat-strengthened glass, PDG5 provides UL Fire Class A safety and reduces micro-cracking, Potential Induced Degradation (PID), module warping, UV aging, and corrosion from sand, acid, alkali and salt mist. The PDG5 is optimized for reliable performance under stressful environmental conditions and is among the most durable modules on the market. Additionally, by eliminating the aluminum frame of conventional modules, grounding requirements are eliminated, which can extend Balance of System (BoS) cost savings for Trina Solar's customers.

CHANGZHOU, China, June 16, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it was selected to supply 23MW of PV modules to Linuo Solar Power Co., Ltd. ("Linuo Power")'s distributed generation ("DG") solar project located in China's Shandong province.

The project will utilize 92,000 Trina Solar TSM-250PC05A modules and cover 500,000 square meters of roof top. It is expected to produce 2990 kWH of electricity annually and mitigate 28,674 tons of CO² emissions. The Company expects shipments to be completed by the end of June 2014.

"We are delighted to have been selected as one of the key module suppliers to provide PV modules to Linuo Power's DG solar project," said Mr. Zhiguo Zhu, President of Trina Solar's Module Business Unit. "This is testimony to Trina Solar's ability to provide our customers with high quality products. This year the Chinese Government announced a target of 8GW of DG solar project installations and we believe there is significant potential for Trina to capitalize on the growth opportunities in the DG market segment in the second half of 2014."

"Trina Solar's high quality and reliable modules meet our stringent product standards and the team's commitment to rapid delivery ensures that we can meet our construction schedule," said Guangyan Zhou, general manager of Linuo Power. "Benefiting from the Chinese government's supportive policies promoting DG installations, we expect our company to have an extensive project pipeline in China in the coming quarters. Trina Solar's premier products and exceptional service makes them an ideal partner for us and we look forward to further developing our relationship with Trina Solar to support our future downstream projects."

CHANGZHOU, China, June 12, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced that it closed the offering of US$150 million in aggregate principal amount of convertible senior notes due 2019 (the "Notes") (the "Notes Offering"). Trina Solar received aggregate net proceeds of approximately US$146.3 million after deducting discounts and commissions but before offering expenses from the Note Offering. Trina Solar used approximately US$52.3 million of the net proceeds from the Notes Offering to pay the aggregate premium of zero-strike call options that Trina Solar entered into with one or more of the initial purchasers (or their affiliates) of the Notes Offering in connection with the Notes Offering. Trina Solar has also granted the initial purchasers in the Notes Offering a 30-day option to purchase up to an additional US$22.5 million aggregate principal amount of the Notes.

The Company also closed the concurrent offering of 8,800,000 American Depositary Shares (the "ADSs"), each representing 50 ordinary shares of the Company, par value of US$0.00001 per share (the "ADS Offering"), at US$11.00 per ADS on June 11, 2014. Trina Solar received aggregate net proceeds of approximately US$92.9 million after deducting discounts and commissions but before offering expenses from the ADS Offering.

CHANGZHOU, China, June 12, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced that it closed the offering of 8,800,000 American Depositary Shares (the "ADSs"), each representing 50 ordinary shares of the Company, par value of US$0.00001 per share (the "ADS Offering"), at US$11.00 per ADS. Trina Solar received aggregate net proceeds of approximately US$92.9 million after deducting discounts and commissions but before offering expenses from the ADS Offering. Trina Solar has also granted the underwriters in the ADS Offering a 30-day option to purchase up to an additional 1,320,000 ADSs in connection with the ADS Offering to cover over-allotments.

The Company also closed the concurrent offering of US$150 million in aggregate principal amount of convertible senior notes due 2019 (the "Notes") (the "Notes Offering") on June 11, 2014. Trina Solar received aggregate net proceeds of approximately US$146.3 million after deducting discounts and commissions but before offering expenses from the Note Offering. Trina Solar used approximately US$52.3 million of the net proceeds from the Notes Offering to pay the aggregate premium of zero-strike call options that Trina Solar entered into with one or more of the initial purchasers (or their affiliates) of the Notes Offering in connection with the Notes Offering.

CHANGZHOU, China, June 6, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced that it priced the offering of US$150 million in aggregate principal amount of convertible senior notes due 2019 (the "Notes") (the "Notes Offering"). Trina Solar has granted the initial purchasers in the Notes Offering a 30-day option to purchase up to an additional US$22.5 million aggregate principal amount of the Notes.

The Company also priced the concurrent offering of 8,800,000 American Depositary Shares (the "ADSs"), each representing 50 ordinary shares of the Company, par value of US$0.00001 per share (the "ADS Offering"), at US$11.00 per ADS. Trina Solar has granted the underwriters in the ADS Offering a 30-day option to purchase up to an additional 1,320,000 ADSs in connection with the ADS Offering to cover over-allotments. The closing of the Notes Offering is contingent upon the closing of the ADS Offering, and the closing of the ADS Offering is contingent upon the closing of the Notes Offering. The offerings are expected to close on June 11, 2014 subject to satisfying customary closing conditions.

The Notes will be convertible into ADSs at an initial conversion rate of 69.9301 ADSs per US$1,000 principal amount of the Notes (equivalent to an initial conversion price of approximately US$14.30 per ADS), subject to adjustments under certain circumstances. The initial conversion price for the Notes represents an approximately 30% conversion premium over the ADS Offering price of US$11.00 per ADS. The Notes will accrue interest at an annual rate of 3.5%. Interest on the Notes will be payable semi-annually in arrears on June 15 and December 15 of each year, beginning December 15, 2014. The Notes will mature on June 15, 2019. The Notes may be redeemed by Trina Solar under certain circumstances. It is also contemplated that holders will have the right to require Trina Solar to repurchase the Notes on June 15, 2017 or upon the occurrence of certain fundamental changes.

Trina Solar plans to use approximately US$50 million of the net proceeds from the Notes Offering to pay the aggregate premium of the call options (defined below). The remainder of the net proceeds from the Notes Offering will be used for general corporate purposes, which may include the development of solar power projects and their general financing requirements, expansion of manufacturing capacity and working capital. The Company's management will retain broad discretion over the use of proceeds, and may ultimately use the proceeds for different purposes than what is currently intended.

In connection with the Notes Offering, the Company entered into zero-strike call options (the "call options") with one or more of the initial purchasers (or their affiliates) of the Notes Offering (the "option counterparties"). The call options are intended to facilitate the hedging of their investments by the investors in the Notes. The Company has been advised that, in connection with establishing their initial hedge of the call options, the option counterparties (or their affiliates) expect to enter into one or more derivative transactions with respect to the ADSs with purchasers of the Notes concurrently with or after the pricing of the Notes. This activity could increase (or reduce the size of any decrease in) the market price of the ADSs or the Notes at that time. In addition, the option counterparties (or their affiliates) may modify their hedge positions by entering into or unwinding one or more derivative transactions with respect to the ADSs and/or purchasing or selling ADSs or other securities of the Company in secondary market transactions at any time, including following the pricing of the Notes and shortly after the maturity of the Notes (and, the Company has been advised, are likely to unwind their derivative transactions and/or purchase or sell ADSs in connection with any conversion, repurchase or redemption of the Notes). These activities could also cause or avoid an increase or cause or avoid a decrease in the market price of the ADSs or the Notes.

CHANGZHOU, China, June 6, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced that it priced the offering of 8,800,000 American Depositary Shares (the "ADSs"), each representing 50 ordinary shares of the Company, par value of US$0.00001 per share (the "ADS Offering"), at US$11.00 per ADS. Trina Solar has granted the underwriters in the ADS Offering a 30-day option to purchase up to an additional 1,320,000 ADSs to cover over-allotments.

The Company also priced the concurrent offering of US$150 million in aggregate principal amount of convertible senior notes due 2019 (the "Notes") (the "Notes Offering"). Trina Solar has granted the initial purchasers in the Notes Offering a 30-day option to purchase up to an additional US$22.5 million aggregate principal amount of the Notes. The closing of the ADS Offering is contingent upon the closing of the Notes Offering and the closing of the Notes Offering is contingent upon the closing of the ADS Offering. The offerings are expected to close on June 11, 2014 subject to satisfying customary closing conditions.

Deutsche Bank Securities Inc., Barclays Capital Inc., J.P. Morgan Securities LLC and Goldman Sachs (Asia) L.L.C. are acting as joint book-running managers for the ADS Offering. HSBC Securities (USA) Inc. is acting as a co-manager for the ADS Offering.

Trina Solar plans to use the net proceeds from ADS Offering for general corporate purposes, which may include the development of solar power projects and their general financing requirements, expansion of manufacturing capacity and working capital. The Company's management will retain broad discretion over the use of proceeds, and may ultimately use the proceeds for different purposes than what is currently intended.

CHANGZHOU, China, June 5, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced the commencement of the offering of US$150 million in aggregate principal amount of convertible senior notes due 2019 (the "Notes") (the "Notes Offering"). Trina Solar has granted the initial purchasers in the Notes Offering a 30-day option to purchase up to an additional US$22.5 million aggregate principal amount of the Notes.

The Company also commenced a concurrent offering of 8,800,000 American Depositary Shares ("ADSs"), each representing 50 ordinary shares of the Company, par value of US$0.00001 per share (the "ADS Offering"). Trina Solar has granted the underwriters in the ADS Offering a 30-day option to purchase up to an additional 1,320,000 ADSs to cover over-allotments. The closing of the Notes Offering is contingent upon the closing of the ADS Offering, and the closing of the ADS Offering is contingent upon the closing of the Notes Offering. The offerings are subject to market conditions and other factors.

CHANGZHOU, China, June 4, 2014 /PRNewswire/ -- Trina Solar Limited ("Trina Solar" or "Company") notes the preliminary findings on June 3, 2014 by the U.S. Department of Commerce relating to the countervailing duty investigation concerning imports into the U.S. of certain crystalline silicon solar finished products and components from China. Trina Solar is one of the China-based suppliers of these products to the U.S.

According to the Commerce Preliminary Subsidy Rate scheme, preliminary subsidy rates ranging from 18.56% to 35.21% were assigned to the exporters in China. Trina Solar as a compulsory respondent is found to be subject to a preliminary rate of 18.56%, the lowest among the Chinese exporters.

Trina Solar is disappointed by the preliminary findings and believes the allegations made by SolarWorld are contrary to the principles of free and fair trade, and are unfounded. Trina Solar's transactions with all its customers in the United States are in accordance with international trade practices.

As a company, Trina Solar is dedicated to bringing the benefits of clean and innovative solar energy products and services to our customers around the world, and we remain committed to serving our many customers and business partners in the U.S. where we have built a solid and long-standing reputation for high quality products and services. With deploying the strategy prepared for further growing Trina Solar's business in the US market, our competitive cost structure, our in house manufacturing abilities, our brand and quality recognition in the market will provide us the competitive strengths not only amongst the Chinese solar manufacturers but also globally. We believe we will continue to grow our business in US profitably, and we will continue to play an important role in the U.S. market and serve our customers in the region.

In addition to the U.S., Trina Solar continues to see robust demand for its products, driven largely by growth from key geographical regions, particularly China and Japan. At the same time, Trina Solar is able to achieve geographical diversification of its business , as previously noted, its sales from new and emerging markets also continue to accelerate.

First Quarter 2014 Financial Results

• Net revenues in the first quarter of 2014 were $444.8 million, a decrease of 15.4% sequentially and an increase of 70.9% year-over-year.
• Earnings per fully diluted ADS were $0.37 in the first quarter of 2014 compared to $0.21 in the fourth quarter of 2013 and loss per fully diluted ADS of $0.90 in the first quarter of 2013.

Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar commented, "I am pleased to report that we delivered another set of solid results despite some headwinds in the first quarter. We remain focused on maintaining profitable growth as opposed to pursuing volume growth alone. By employing this strategy, we increased our gross margin to 20.6% this quarter, a significant improvement from the previous quarter's 15.1%. This improvement underpinned a net income increase of 73.5% quarter-over-quarter. Trina continues to see the positive impact of our focus on efficient operations, controlled business expansion and disciplined financial management.

"We have made further progress adjusting our sales mix to achieve relatively stable ASP in spite of the general downward trend in prices. This is critical to our sustainable growth and long-term profitability. In this quarter, our shipments to high ASP regions, such as Japan, grew significantly, accounting for 30% of our total external shipments. We have also further penetrated into new and emerging markets by leveraging our strong on-the-ground sales networks and our industry-leading technology to deliver high quality solar solutions tailored for each region.

"We are conscious of the importance of balancing the pace of our growth with our commitment to developing superior products if we are to maintain long-term success. Given the highly competitive nature of the global market, it is essential for us to focus on what are the critical drivers for future growth. Innovation, product development and the pursuit of superior quality remain the cornerstones of our business. In the first quarter we made excellent progress in improving module power output and the quality of our self-produced PV cells and modules. Investing in product innovation will remain key throughout 2014 as we strive to maintain our position at the forefront of technological innovation in the global solar industry.

"We are also progressing well in our downstream business. In the first quarter, we successfully completed the sale of our 50 MW power plant in Wuwei, Gansu province. Further, we have started construction of several projects in China. We believe that we are well on track to achieve our target of developing 400 MW to 500 MW of downstream PV projects in 2014. Looking ahead, we are optimistic about global demand for our products and are confident that we will be able to realize our 2014 module shipment target of 3.6 GW to 3.8 GW. We believe the synergies between module sales and our solar project development business will generate both capital gains and ongoing revenues from stable power generation."

Second Quarter and Fiscal Year 2014 Guidance

In the second quarter of 2014 the Company expects to ship between 950 MW and 1,010 MW of PV modules, of which 150 MW to 170 MW will be shipped to its downstream PV projects. Revenues will not be recognized for the modules shipped to its own developed projects as required by U.S. GAAP regulations.

The Company expects that polysilicon prices will remain relatively stable with upward pressure. This will adversely impact its gross margin. The Company will continue to work diligently to reduce its in-house manufacturing costs to mitigate any adverse impact to its gross margin. The Company expects its blended gross margin for the second quarter of 2014 will be in the mid-teens in percentage terms. Such guidance is based on the exchange rate between the Euro and the U.S. dollar as of May 21, 2014.

The Company reiterates its 2014 guidance of total PV module shipments between 3.6 GW and 3.8 GW, of which 400 MW to 500 MW of PV modules will be shipped to the Company's own downstream projects. Revenues will not be recognized for the modules shipped to its own projects as required by U.S. GAAP regulations. The Company maintains its guidance of completed downstream PV projects of between 400 MW and 500 MW for the year of 2014.

CHANGZHOU, China, April 25, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it has signed an agreement to supply 36MW of high efficiency TSM-PC14 modules to a large-scale PV project in Chile.

Trina Solar's TSM-PC14 module is IEC certified to 1,000V and is ideal for large-scale installations in areas prone to high temperatures and dry conditions. The Company expects to complete the shipment in the second quarter of 2014.

"We are delighted to support this project and bring clean power to Chile," said Mr. Zhiguo Zhu, president of Trina Solar's module business unit. "Chile's vast desert with abundant solar resources creates significant potential for solar energy. We are enthusiastic about the prospects for solar energy in Chile and look forward to increasing our supply of modules to support the local solar industry. Our penetration into Chile's solar market also supports our market diversification strategy."

Mr. Zhiguo Zhu, president of Trina Solar's module business unit, added, "We are privileged to be working with our long term strategic partner, a leading international solar company with a number of projects under development through its global network. We are pleased to be delivering our high efficiency modules for its solar power project development in Chile. We look forward to continuing this strong strategic partnership and to further supporting the expansion of our customer's footprint in solar power projects worldwide."

Upon completion,the 36MW Trina solar modules are expected to generate approximately 97,000 MWh of solar electricity annually, enough to mitigate 48,600 metric tonnes of CO2 per year, equivalent to taking more than 10,800 cars off the road.

CHANGZHOU, China, April 17, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced two of its PV power plants in the United Kingdom have successfully completed connection to the grid. The company is an investor in and sole project developer for these projects, which have a total capacity of 23.77 MW.

The two projects, which are located in Cornwall and Dorset, commenced construction in December 2013 and were completed on schedule in March 2014. The two projects were developed using Trina PC05A 255Wp modules and will receive 1.6 Renewables Obligation Certificates (ROCs), equivalent to GBP 42.02 per megawatt-hour (MWh). They are expected to generate 24,673MWh electricity annually, reducing over 16,542 tons of carbon dioxide emissions. The projects will be able to supply clean energy to approximately 7,477 local homes each year.

"We are delighted to expand our downstream presence in the UK. We view the country as a high-growth market for solar and for our company," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "Along with the growth potential in the UK market, Europe remains a major market for Trina Solar, both in terms of modules and downstream projects. We will continue to build our project pipeline in UK in the quarters ahead as we execute our global downstream strategy."

CHANGZHOU, China, April 11, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, today announced that the Company is updating its guidance for the first quarter of 2014 based on preliminary financial data.

For the first quarter, the Company currently estimates its solar module shipments to be in the range of 540 MW to 570 MW, including 20 MW to 30 MW for its downstream projects, as compared to the previous guidance of 670 MW to 700 MW, including 20 MW to 30 MW for its downstream projects. This is primarily due to a temporary decrease in shipments to the EU pending agreement on a new minimum import price pursuant to the adjustment mechanism in the price undertaking. The Company expects shipments to European markets to increase with the finalization of the terms.

Additionally, for the first quarter of 2014, the Company currently estimates that the overall gross margin will be between 18% to 20%, compared to the Company's previous guidance of mid-teens in percentage terms. The increase in gross margin is due to improved ASP of modules and a gross margin in the high-teens from the sale of the Company's 50 MW Wuwei project.

The Company reiterates its full year 2014 module shipment guidance of 3.6 GW to 3.8 GW, of which 400 MW to 500 MW of PV modules are expected to be shipped to downstream projects. The Company expects to complete construction of between 400 MW and 500 MW in downstream PV projects during 2014.

"We remain confident that ongoing market demand for our products is strong, and that we will be able to maintain our expected level of growth in 2014 as planned," commented Mr. Jifan Gao, chairman and chief executive officer of Trina Solar. "However, given the temporary decrease in Q1 shipments to the European markets pending the finalization of the price undertaking adjustment, we are updating our guidance for the first quarter of 2014. We expect demand in certain European countries to remain strong, and our first-rate reputation and strong customer service will continue to allow Trina, as a market leader, to capture opportunities and achieve growth in the European markets. We will maintain our strategic focus on diversifying our business across a wider geographical footprint and delivering sustainable growth. We believe achieving increased gross margins will further support improved bottom line growth quarter over quarter."

As these selected estimated results are subject to the finalization of the Company's financial closing procedures, the Company's actual results may differ from its current estimates.

CHANGZHOU, China, April 8, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, today announced that its State Key Laboratory of PV Science and Technology has developed a new high-efficiency Honey Ultra solar module.

Trina Solar's Honey Ultra monocrystalline silicon module reached a new record of 326.3W, which has been independently certified by TUV Rheinland, a leading authoritative certification institution. This result sets a new world record for p-type monocrystalline silicon modules. The monocrystalline silicon module is composed of 60 high-efficiency Honey Ultra monocrystalline silicon cells of 156mm x 156mm, fabricated with a technology developed by Trina Solar and currently in pilot production.

Honey Ultra marks the second generation of Trina Solar's Honey module technology and this new high-efficiency record significantly extends the previous milestone of 284.7W attained by Trina Solar's first generation of Honey modules.

The module integrates core technologies including back surface passivation technology and low-resistance connection technology, each of which have been researched and developed by Trina Solar.

"As an advanced research and development facility, our State Key Lab of PV Science and Technology enables us to execute on our commitment to the commercialization of new high-efficiency solar cells and highly reliable modules," said Dr. Zhiqiang Feng, Vice President of Trina Solar and Director of the State Key Lab of PV Science and Technology. "In recent years the Company has successfully researched and developed new intellectual properties in the form of a series of innovative technologies and high quality products, and has successfully maintained its leading position in patent applications and grants. As a result, Trina Solar remains at the forefront of technological innovations in the solar industry."

This new Honey Ultra module marks a key milestone for Trina Solar's State Key Laboratory of PV Science and Technology since its accreditation in November 2013 and follows the Company's development of a new Interdigitated Back Contact ("IBC") cell capable of delivering an industry-leading efficiency of 24.4%.

This demonstrates Trina Solar's world-class monocrystalline silicon module and that the technology behind these high-efficiency modules is suitable for rapid roll-out to large-scale production.

CHANGZHOU, China, March 25, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that all solar PV cells produced by the Company have achieved anti-PID (Potential-Induced Degradation) ability following the optimization of the Company's manufacturing technology.

From April 2014, all Trina Solar modules using the Company's self-produced cells will conform to IEC62804 Ed.1.0 (82/685/NP) standards, a system voltage durability testing standard (commonly known as the PID Test). Trina Solar will also be able to produce modules to meet stricter PID testing criteria based on customers' needs. Additionally, the Company's PV modules, which use anti-PID solar PV cells, have been successfully certified by TUV SUD.

"Trina Solar is committed to providing our customers with products that offer the highest standards of performance," commented Mr. Zhiguo Zhu, President of Trina Solar's Module Business Unit. "Achieving anti-PID ability in all cells we produce is a significant milestone for our Company and demonstrates our commitment to continuous optimization of our manufacturing technology and implementation of the strictest standards in product quality management."

By optimizing cell and the module manufacture technology, our anti-PID modules can effectively reduce loss in power output from solar panels due to induced degradation, as well as that caused by severe conditions including high voltage, severe salt mist and high humidity such as that common in coastal area.

CHANGZHOU, China, March 20, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it has received US$20.4 million from a customer in an arbitration settlement involving an outstanding account balance under a solar module purchase agreement. The arbitration panel determined that Trina Solar was entitled to US$20.4 million, which included the full amount of the outstanding accounts receivable of US$17.4 million sought by the Company, plus sales tax and accrued interests.

Ms. Teresa Tan, CFO of Trina Solar, said, "We are pleased to see that our efforts to pursue outstanding accounts receivable in overseas markets are delivering positive results. Sound financial management is a key focus for Trina Solar. We remain strongly committed to maintaining a healthy balance sheet to support Trina's long-term growth."

The arbitration fund was received subsequent to the Company's fourth quarter and full year 2013 earnings results. As a result, the accounts receivable provision of US$5.7 million for bad debt previously accrued has been reversed in the fourth quarter of 2013. Consequently, related financial numbers previously stated in the Company's fourth quarter and full year 2013 earnings release are being adjusted to reflect this event.

CHANGZHOU, China, March 14, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced its Trinasmart product has received IEC 61215/61730 certification from TUV Rheinland. Trinasmart is the first smart module to receive certification from TUV Rheinland in Greater China.

"We are delighted our Trinasmart product is the first smart module to receive this certification from TUV Rheinland in Greater China," said Wei Zhou, Vice President of Quality of Trina Solar. "Trinasmart incorporates innovative technology into a complete-solution solar module. This certification adds a strong competitive element to our Trinasmart products and further strengthens assurance on the performance and reliability of our leading smart module."

"Though there have been tremendous technological innovations in the solar industry, questions were raised on how to define the electrical characteristics of a smart module under standard test conditions," said Ulrike Therhaag, Director of Solar & Fuelcell technology of TUV Rheinland. "Using our expertise as a leading testing and certification institution in the PV industry, we developed a solution to accurately measure the performance of smart modules and to support the development of industry standards around smart modules. We are delighted to have worked with Trina Solar on the first certification of a smart module in the Greater China region."

Trinasmart is a performance optimizer which enables the monitoring and control of arrays at a modular level and enhances system performance. Users can access all module data in real time remotely through their smartphone or laptop. In an emergency, users can switch off the entire array by a single click. Moreover, for fire emergency, the modules can be totally deactivated to eliminate high voltages and secure the safety of firefighters.

CHANGZHOU, China, March 10, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it has successfully sold its 50 MW Solar Power Plant in Wuwei, Gansu province to Huadian Fuxin Energy Corporation (HK: 00816) ("Huadian Fuxin"). Huadian Fuxin will assume 100 percent ownership of the project from Trina Solar with the completion of the transaction.

"We are delighted to have successfully sold our first large-scale project in China," said Mr. Jifan Gao, chairman and CEO ofTrina Solar. This transaction represents a significant milestone for Trina Solar, as it showcases our ability to develop large-scale downstream projects with a complete project cycle from designing, construction, operation to the final sale. Huadian Fuxin is one of China's leading clean energy companies and we are pleased to have this opportunity to work with such a strategic partner."

Mr. Gao added, "Wuwei is an ideal location for a solar plant because of its abundant solar resources. Trina has strong capabilities in building highly efficient systems and we look forward to developing additional projects in the region. Our successful sale of the Wuwei power plant, coupled with Trina's global branding strength, services and superior product quality demonstrate a good start for 2014 as we make more progress with our downstream projects pipeline in China."

Fourth Quarter 2013 Financial Results

• Net revenues in the fourth quarter of 2013 were $525.6 million, a decrease of 4.1% sequentially and an increase of 73.6% year-over-year.
• Earnings per fully diluted ADS were $0.13 in the fourth quarter of 2013 compared to $0.14 in the third quarter of 2013

"We are pleased to report that in the fourth quarter we continued to make progress in executing our operating strategy across all key geographies and end segments. In particular, we are seeing substantial sales growth in China, and anticipate that trend to continue following the government's increased target of 14 GW in new solar installations for 2014. Our efforts to diversify our business beyond the traditional markets in Europe and the USA where we have maintained leading positions and into additional emerging markets have progressed well. Geographical diversification will continue to be a key strategic focus in 2014. We have achieved significant sales volumes in 2013 in new non-traditional markets, including China, Japan, South East Asia and the Middle East.

"Operating and financial management remained a key focus in 2013, and I am happy to announce that operating expenses as a percentage of revenue declined substantially from 17.1% in the first quarter of 2013 to 12.4% in the fourth quarter. In addition, our dedication to fiscal discipline has generated positive results across most key metrics. Days of sales outstanding and inventory days continued to decrease over the previous quarter. As we closed the fourth quarter, Trina continued to stand out among its Chinese solar peers as maintaining one of the relatively healthier balance sheets. We will continue to focus on ensuring the right balance between business expansion and maintaining our financial strength.

"As a leader in R&D and innovation, Trina Solar achieved a breakthrough in cell technology in the quarter. After two years of research, last week Trina Solar announced it had jointly developed an Interdigitated high efficiency Back Contact ("IBC") cell in partnership with the Australian National University (ANU). The IBC cell, independently tested by the Fraunhofer CalLab in Germany, was able to deliver an efficiency of 24.4%, putting it among the most efficient solar cells to date. Trina Solar has independently developed a commercial version of the IBC cell and expects it to be ready for trial production in its "golden line" production line as one of Trina's focuses for R&D in 2014.

"To ensure Trina Solar has access to sufficient production capacity to meet the anticipated increase in global demand in 2014, the Company recently announced two strategic investments in China to expand its solar cell and module production capacity. These agreements provide Trina Solar with the means to efficiently and cost-effectively increase production capacity as needed. At the same time this initiative has an important role to play in helping to achieve the healthy and sustainable growth of the Chinese solar industry. We expect consolidation to continue in the solar sector. This is beneficial for the industry as a whole, but ultimately for customers and end-users as well.

"In 2014, we are optimistic that solar PV demand will continue to be strong and expect China, Japan, as well as the broader Asia Pacific region and the Middle East to be key drivers of this increased demand. At the same time, we remain committed to securing ongoing growth in Europe. To capitalize on this growing demand, we will work towards solidifying our leading position in modules sales. At the same time, we will focus further on developing downstream projects and increase the contribution from these projects to our total revenues and gross margins. To achieve this goal we have been building project pipelines in a number of different geographical regions that we anticipate will provide the Company with a platform for further growth." said Mr. Jifan Gao, Chief Executive Officer of Trina Solar.

CHANGZHOU, China, February 28, 2014 /PRNewswire/ -- Trina Solar Limited ("TSL" or "Trina Solar"), a global leader in photovoltaic modules, solutions and services, announced today that researchers from Trina Solar and the Australian National University ("ANU") have jointly developed a new high-efficiency solar cell.

The laboratory scale Interdigitated Back Contact ("IBC") cell was developed at the Australian National University Centre for Sustainable Energy Systems under a research and development contract with Trina Solar through a collaboration contract with the Solar Energy Research Institute of Singapore (SERIS). After two years of research, funded by Trina Solar, the ANU has developed, with contribution from Australian consulting firm PV Lighthouse, an IBC silicon solar cell, which was independently tested by the Fraunhofer CalLab in Germany to be able to deliver an efficiency of 24.4%, putting it among the most efficient solar cells to date.

Trina Solar is now developing a commercial version of the IBC solar cell as well as an IBC PV module. The commercial cell has already reached an efficiency greater than 22% for a 125mm by 125mm IBC solar cell, and 238W for an IBC PV module (based on 72 cells), which was independently tested by the National Center of Supervision and Inspection on Solar Photovoltaic Products Quality of China. Though it is currently in laboratory scale, the new solar cell will soon be ready for industrialized mass production.

"We are delighted to collaborate with leading scientists at ANU on this exciting new development in our cell technologies," said Dr. Pierre Verlinden, Vice-President and Chief Scientist of Trina Solar. "This marks a milestone in solar cell research with an improved IBC cell efficiency of 24.4%. This world-class efficiency demonstrates our commitment to leading innovation in PV technology. We remain committed to engaging in effective partnerships with the best PV research centers, which are fundamental to delivering R&D breakthroughs."

"This is the highest efficiency independently confirmed for a conventional IBC solar cell to date," said Professor Andrew Blakers, Director of the Centre for Sustainable Energy Systems at the ANU Research School of Engineering. "The results mean the laboratory cell technology can now be further developed for commercial solar cells. The work is expected to lead to commercial solar cells with improved efficiency, allowing more power to be generated from a given area of rooftop solar module."

Professor Blakers added, "The ANU has been working to develop highly efficient back contact silicon solar cells, which have both positive and negative metallic contacts on the rear surface. That allows the surface facing the sun to be uniformly black, without the metal electrodes present on most solar cells. The back contact cell structure enables the end user to gain more electricity per unit area and a more favourable appearance."

CHANGZHOU, China, February 27, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic modules, solutions and services, announced today that it has signed an EPC contract with Fresh Fruits Company, a food storage and logistics company in Amman, Jordan, for a 2 MW rooftop solar power plant on the company's stores and warehouses. Under the contract, Trina Solar is responsible for the engineering, procurement, and construction of the project. The project will use Trina Solar TSM-PC05A Honey 260 Wp, high efficiency modules that adapt well to dry and high temperature conditions prevalent in the Middle East.

This will be the first mega-scale rooftop solar power project in Jordan. The construction is scheduled to start in March this year and is expected to be completed in the third quarter of 2014. The 2 MW rooftop solar power project is estimated to produce 3,200 MWh every year. The utilization of this solar power project will prevent emissions of approximately 38,400 tons of CO².

"We are delighted to have been awarded this mega-scale project in Jordan," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "Our successful selection as the EPC provider for this project demonstrates our ability to develop large-scale projects in the Middle East."

Mr. Gao added, "For oil and natural gas importing countries like Jordan, they are vulnerable to fluctuations in global oil and natural gas prices. Solar energy provides Jordan with a viable alternative and we see huge potential for growth in this market. Following this EPC contract and a previous supply contract for 1 MW of Trina Honey photovoltaic modules also in Jordan, we will continue to actively pursue new opportunities in this emerging market."

"The rooftop solar power project will be of great benefit to our business," commented Mr. Omar Hashlmon, General Manager of Fresh Fruits Company. "Our business of operating cold stores is an energy intensive operation. This project will significantly contribute to a reduction in our annual electricity expenditure. It will also be a sound investment for our company due to the expected quick recovery of the initial investment thanks to favorable renewable energy policies enacted by the local government."

Mr. Omar Hashlmon added, "We received more than 20 offers from both local and international companies. Trina Solar stood out due its experienced team consisting of strong local technical professionals in the Middle East and its commitment to excel in project development in the region. Trina Solar's support will enable us to gain necessary approvals from the local government. We believe Trina Solar is the most reliable partner for this, the largest solar project in Jordan."

Trina Solar Announces Acquisition of Majority Stake in Hubei Hongyuan

Trina Solar Limited (NYSE:TSL), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has entered into an agreement with Shenzhen S.C. New Energy Technology Corporation ("Shenzhen S.C."), a leading solar equipment manufacturer, to acquire a majority stake in Shenzhen S.C.'s wholly-owned subsidiary, Hubei Hongyuan PV Science and Technology Co., Ltd., ("Hubei Hongyuan"), a specialized PV cell producer located in Xiantao, Hubei Province.

Trina Solar will hold a 51% stake in Hubei Hongyuan with the remaining 49% stake held by Shenzhen S.C.

The new joint venture company will expand Hubei Hongyuan's existing production facilities and solid infrastructure to achieve an expected capacity of 420 MW by the middle of 2014.

"We are delighted to announce this exciting new acquisition and collaboration with Shenzhen S.C.," said Mr. Jifan Gao, chairman and CEO of Trina Solar. "Shenzhen S.C. and Hubei Hongyuan have extensive and proven experience in manufacturing superior quality solar equipment and products, respectively. This acquisition will provide Trina Solar with the benefit of greater access to solar cell manufacturing capacity and at a low cost of capital."

Mr. Gao added, "We continue to focus on executing our growth strategy of building an asset-light company and delivering increased returns on investment capital. This acquisition will ensure Trina Solar is better positioned to benefit from growing global demand for our solar products. As an industry leader we remain deeply committed to supporting the healthy, long-term growth of China's solar industry."

Mr. Liujian Jiang, chairman of Shenzhen S.C., said, "This transaction will enhance the presence of both companies within the solar sector by bringing together Trina Solar's solid experience and industry-leading products and services with Shenzhen S.C.'s state-of-the-art equipment. We look forward to delivering greater value to our customers and to contributing to the overall development of the solar market."

SAN JOSE, Calif., Jan. 23, 2014 /PRNewswire/ -- Trina Solar, the Smart Module market leader, today announced that Cobalt Power, a leading PV system installer, successfully commissioned the first commercial-scale installation of Trinasmart in North America.  The 113kW system located in the San Francisco Bay Area is the first North American commercial project featuring Trinasmart modules, an innovative integration of Tigo Energy's optimizer technology into Trina Solar's industry-leading solar modules. 

"Our partnership with Tigo and Cobalt made this first-of-its-kind installation using Trinasmart modules possible," said Mark Mendenhall, President of Trina Solar USA. "We expect this installation to be the first of many that utilize these innovative modules."

Trinasmart was the right solution for this customer, who was building a net zero energy office building and wanted to maximize energy production from the available roof area.  The project, commissioned in November, uses 462 Trinasmart 245W modules to maximize the energy produced on the roof. 

"The Trinasmart installation went very well," said Mark Byington, CEO of Cobalt Power Systems Inc. "With the integrated smart module, there are far fewer components to install.  This allows us to take advantage of all of the benefits of module-level optimization without the extra labor and inventory hassle.  At the end of the day it saves us money and improves our bottom line."

The Trinasmart modules optimized by Tigo Energy are expected to produce about 3% more energy than traditional modules on this project.  The system also has enhanced safety measures with panel-level disconnect, and is monitored and managed by Tigo Energy's advanced software engine.

"We're really happy to be a part of this project," said Tim Kubes, VP of North American Sales for Tigo Energy.  "We have long had a vision to integrate our technology into the solar module to make it easier to implement smart systems.  This project is a great milestone."

CHANGZHOU, China, Dec. 30, 2013 /PRNewswire/ -- Trina Solar Limited ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has signed an investment framework agreement with the local government authority of Turpan Prefecture to develop a 1GW ground-mounted solar power plant project in western China's Xinjiang Region.

Under the agreement, the solar power plants totaling 1GW are scheduled to be built in multiple phases over a four year time frame starting from early 2014. The commencement of each phase of development is subject to certain conditions, including approvals from the local government and State Grid. The first two phases of the project, with installed capacity of 300 MW, are scheduled to be completed and connected to the grid by the end of 2014, subject to receipt of the required approvals. Upon receiving approval for phase one, Trina Solar will also invest in the construction of a PV module production facility in the local area to supply modules to the solar power plants.

"Trina Solar's position as a global PV industry leader makes us the ideal partner for this exciting new project, which upon completion is slated to be the largest solar power plant project in Xinjiang," said Mr. Jifan Gao, chairman and CEO of Trina Solar. "Xinjiang's abundant land and solar resources make Turpan an ideal location for this project."

Mr. Gao added, "The solar plants will ensure a stable supply of clean energy and improve reliability of electricity supply to the surrounding regions. At the same time, the module production facility will also create jobs and stimulate the growth of the local economy. We look forward to working in close collaboration with the local authorities to satisfy the conditions needed for phase one to commence in the first quarter of 2014."

CHANGZHOU, China, Dec.19, 2013 /PRNewswire/ -- Trina Solar Limited ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has been chosen as the sole supplier of 25 MW of modules to Phase III of the 75 MW Bangchak Solar Energy Project in Thailand. The project is owned by Bangchak Solar Energy (Nakhonratchasima) Co., Ltd. ("BSE-NMA") and Bangchak Solar Energy (Chaiyaphum 1) Co., Ltd. ("BSE-CPM1"), the subsidiaries of Bangchak Solar Energy co., Ltd. ("BSE") and will be constructed by Gunkul Engineering Public Company ("Gunkul"). Trina Solar is expected to commence shipment in late December.

"We are very pleased to collaborate with BSE, a leading solar power plant operator in Thailand," said Mr. Jifan Gao, chairman and CEO of Trina Solar. "This is a significant module supply contract for Trina Solar in Thailand and demonstrates our continued commitment to delivering on our strategy of market diversification."

Mr. Gao added, "Thailand is a leading emerging solar market in South East Asia. We look forward to growing our presence in Thailand's solar market in 2014 and to contributing to the realization of a more secure, clean and independent solar energy for Thailand."

"BSE is deeply committed to growing the number and the scale of solar power projects in Thailand to strengthen local economies and help defend against climate change," commented the management of Bangchak Solar Energy. "Trina Solar's excellent international track record combined with their high-efficiency panels, which are highly suited toThailand's hot and humid climate, singled them out as our partner of choice."

"This solar project further supports Thailand's National Energy Policy Commission's new target of delivering 1,000 MW of solar power by 2014 and 2,000 MW of solar power through utility projects by 2021 incented by feed-in-tariffs for rooftop and community ground-mounted solar projects, signaling high-level support for Thailand's solar sector," added the management of Bangchak Solar Energy.

CHANGZHOU, China, Dec. 17, 2013 /PRNewswire/ --  Trina Solar Limited ("TSL"), a global leader in photovoltaic modules, solutions and services, announced today that it has recently reached an agreement to supply 1MW of Trina Honey photovoltaic modules to Mustakbal Clean Tech ("Mustakbal"), a EPC specialist focused on the Middle East and North America markets and the international photovoltaic system integrator Phoenix Solar Pte Ltd ("Phoenix Solar"), the Asia Pacific headquarters of German-based Phoenix Solar AG, for use in Jordan's biggest and first large-scale solar power project.

The power project, owned by the Ma'an Development Company ("MDC"), will be built jointly by Phoenix Solar and Mustakbal. The electricity generated by the solar power project will cover 100 percent of the electricity needs of two student dormitory buildings in the Ma'an Development Area Residential Community in Ma'an, making them zero net energy buildings and a showcase for solar technology in Jordan. Upon completion, the 4,032 Trina solar modules will generate approximately 2,000 MWh of solar electricity annually, enough to mitigate 24,000 metric tonnes of CO2 per year.

Trina Solar's Honey series modules were chosen because of their high efficiency and performance under harsh environmental conditions. All of Trina Solar's panels come with a 10-year workmanship warranty and a 25-year linear power output warranty.

"This new collaboration with Phoenix Solar and Mustakbal recognizes once again Trina Solar's wide experience as a solar leader and the reliability of our products and services," commented Mr. Jifan Gao, Chairman and CEO of Trina Solar. "This is significant for Trina Solar and we are thrilled to see our modules being used in Jordan's largest solar power project. Jordan is a rapidly emerging solar market and today's announcement marks Trina's continued progress in our strategy of geographical and market diversification. We see great potential in the Middle East and Jordan in particular, and we will continue to actively pursue further opportunities for ongoing expansion which we have identified in these markets.

Mr. Gao added, "We have established a strong, experienced local team in the Middle East, who work closely with our partners in the region, providing ongoing technical and product support on-the-ground. We estimate that Trina Solar currently enjoys approximately 50 percent of the solar market in Jordan and we expect to continue to grow our market presence as we move into 2014."   

"Trina Solar's support was instrumental in our success in the Ma'an and other projects. We look forward to building on this year's successful cooperation with further in-depth collaboration well into the future. The responsible and efficient way in which Trina Solaroperates makes them an extremely reliable partner," commented Dr. Ala Qubain, CEO of Mustakbal Clean Tech.

The modules will start to be shipped before the end of 2013, with the project expected to be completed in the second quarter of 2014.

CHANGZHOU, China, December 11, 2013 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or "the Company"), a global leader in photovoltaic modules, solutions and services, announced today the Company has accepted Terry Wang's resignation as Chief Financial Officer effective January 10, 2014 to pursue other interests. Teresa Tan will be appointed as Chief Financial Officer of the Company immediately upon Mr. Wang's departure.

Ms. Tan has over two decades of international experience in accounting, finance, and management leadership roles. Most recently, Ms. Tan worked for Parker Hannifin Corporation, a leading global manufacturer of motion and control technologies/systems listed on the New York Stock Exchange. She headed the financial service team for the Asia Pacific region and also served briefly as the Financial Controller for China since she joined Parker Hannifin in 2005. From 1996 to 2005, Ms. Tan was the Corporate Vice President of Tax for Aleris International Inc., a leading U.S. manufacturer of aluminum products, where she was responsible for the company's global tax planning and compliance. From 1991 to 1996, Ms. Tan was a Manager at the U.S. offices of Ernest & Young, where she provided consulting advices on tax and business planning matters to public and privately held companies across a broad range of industries.

Ms. Tan is a CPA, with a Bachelor's degree in Industrial Engineering Management from Shanghai Jiao Tong University in China, a Master's degree in Accountancy and a Master's degree in Economics from Virginia Polytechnic Institute and State University in Virginia, United States.

Jifan Gao, Chairman and Chief Executive Officer of Trina Solar, said, "We greatly appreciate the contributions Terry made during his tenure at Trina Solar. Terry has been an important member of our management team and has played a key role in ensuring Trina's steadfast growth by building a strong finance management foundation and establishing key financial capabilities for the Company. We respect his decision and wish him the very best with his future endeavors."

"We are pleased to welcome Teresa to our management team as the new Chief Financial Officer. Teresa brings with her strong financial background, extensive experience in public company financial management, as well as outstanding professional credentials. Her depth of financial, accounting and managerial experience will be invaluable to our Company. We are confident that Teresa will continue to strengthen our communications with the market and better understand the requirements of investors," said Mr. Gao.

CHANGZHOU, China, December 9, 2013 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or "the Company"), a global leader in photovoltaic modules, solutions and services, offers the following statement regarding the decision of definitive anti-dumping ("AD") and anti-subsidy ("AS") duties imposed by the Council of the European Union.

On December 5, 2013, the European Commission announced its decision to accept the price undertaking offered by Chinese export producers with the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) in connection with the AD and AS proceedings. Chinese solar panel exporters that participate in the price undertaking, including Trina Solar, are exempt from the AD and AS duties as described below. The Council of the European Union announced its final decision imposing AD and AS duties on imports of crystalline silicon photovoltaic cells and modules originating in or consigned from China. An average duty of 47.7%, consisting of both AD and AS duties, will be applied for a period of two years beginning on December 6, 2013 to Chinese solar panel exporters who cooperated with the European Commission's investigations.

"Trina Solar is committed to complying with and has been in full compliance with the price undertaking since its provisional application at the beginning of August this year, and as such we are exempt from the European Union's recently announced anti-dumping and anti-subsidy duties," said Jifan Gao, Chairman and Chief Executive Officer of Trina Solar. "We look forward to years of stable growth in the European markets, which will continue to be one of Trina Solar's most important markets."

CHANGZHOU, China, November 29, 2013 /PRNewswire/ -- Trina Solar Limited ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has entered into an agreement (the "JV Agreement") to establish a joint venture (the "Joint Venture") with Yabang Investment Holding Group Co., Ltd. ("Yabang Group") to acquire certain production assets from Changzhou NESL Solartech Co., Ltd. ("Changzhou NESL"), a subsidiary of Yabang Group, which specializes in the production of solar PV modules. The total investment by Trina Solar and Yabang Group is approximately US$45 million which will be used for capital expenditure and working capital. The Joint Venture aims to increase total solar module production capacity to 500 MW within the next 12 months.

The Joint Venture will acquire the existing module production assets of Changzhou NESL, including plants, machinery and equipment, which will be upgraded by utilizing the combined capital investment and international expertise provided by Trina Solar and Yabang Group. The facility will be managed by Trina Solar management, who will bring international best practices in innovation, environmental standards, quality control and technological expertise to the daily operation of the facility.

"We are delighted to enter into this Joint Venture Agreement with Yabang Group," said Mr. Jifan Gao, chairman and CEO of Trina Solar. "As we expect the demand for solar modules will continue to grow, particularly in China, Japan and emerging markets, the Joint Venture will strengthen Trina Solar's market position by delivering much needed extra module production capacity."

Mr. Gao added, "The Joint Venture will enable us to quickly and efficiently increase production capacity in a cost-effective manner. This move demonstrates Trina Solar's strategic approach to expanding capacity through acquisitions as opposed to organic growth, which we believe will help ensure the industry's existing capacity is being used productively. We are pleased to have the opportunity to collaborate with Yabang Group on this important partnership. This will not only benefit our customers by guaranteeing a supply of high quality and reliable products, but will also promote a sustainable and balanced solar industry in China."

Mr. Xiaochu Xu, chairman of Yabang Group, said, "We are very pleased to form this strategic alliance with Trina Solar. The Joint Venture will take advantage of the capital investment from both companies and Trina Solar's experience in large-scale manufacturing, extensive expertise in R&D and its global sales and marketing network, which will allow the new company to accelerate the growth of the solar business."

According to the JV Agreement, the Joint Venture will be named Changzhou Trina Yabang Solar Energy Co., Ltd. Trina Solar will hold a 51 percent stake in the Joint Venture and Yabang Group will hold the remaining 49 percent. Trina Solar and Yabang Group expect to complete the establishment of their joint venture partnership by the end of 2013.

Third Quarter 2013 Financial  Results

• Net revenues in the third quarter of 2013 were $548.4 million, an increase of 24.4% sequentially and 84.0% year-over-year.
• Earnings per fully diluted American Depositary Share ("ADS" and each ADS represents 50 of the Company's ordinary shares) was $0.14, compared to loss per fully diluted ADS of $0.47 in the second quarter of 2013

"I am pleased to report that we have returned to profitability and delivered a better-than-expected performance across a number of key operating metrics. Our third quarter module shipments exceeded the high end of our expectations by almost 100 MW, driven by strong demand across most of our key markets," said Mr. Jifan Gao, chairman and CEO ofTrina Solar. "While average selling prices ("ASPs") and polysilicon costs continue to stabilize in the third quarter, consolidation in the solar industry will also continue as it aligns more closely with supply. As a result of our ongoing efforts in improving our operational efficiency and controlling manufacturing costs, we achieved a further reduction in non-silicon costs, which contributed to notable quarter-on-quarter margin improvement.

"In the third quarter we saw continued strong demand in our key markets, driven in particular by increasing demand inChina, North America, Japan and the UK, where we have further strengthened our leading positions. In the meantime, we continue to successfully achieve our aim of diversifying our geographical footprint, with non-EU markets now comprising a majority of our sales. We expect this diversification will continue to support sustainable growth in volume and revenues.

"Our decades-long investment in building a premier reputation globally for quality, reliable products and services has also produced great results in the domestic market, further enhanced by favorable industry conditions and regulatory environment. We have experienced a strong and growing demand for our products in China, where we continue to be seen as a preferred business partner.

"As a long-term goal, we are committed to investing in innovation and R&D to promote the ongoing development of the solar industry. Our Changzhou PV laboratory is one of the first PV laboratories in China to receive accreditation fromChina's Ministry of Science and Technology as a State Key Laboratory of PV Science and Technology. This is a clear endorsement of Trina Solar's ongoing efforts and expertise in solar innovation and R&D. We remain committed to the development of high-efficiency products tailored to the needs of our customers, with Trinasmart being the most recent example of our ongoing achievements on this front. We believe these efforts further enhance the recognition of our brand.

"On regulatory developments, the agreement reached between Europe and China that sets a minimum price for Chinese panels and a maximum cap on annual shipments provides a degree of certainty in Europe. While Europe will continue to be an important geographical region for sales and marketing, we are also committed to geographical diversification and continued expansion, in order to take advantage of favorable market conditions where they exist and limit exposure to risks associated with other markets."

Fourth Quarter and Fiscal Year 2013 Guidance

During the fourth quarter of 2013, the Company expects to ship between 760 MW to 790 MW of PV modules.

The Company believes its overall gross margin for the fourth quarter, taking into account wafer and cell quantities outsourced from third party suppliers to meet demand in excess of its internal capacity and other needs will be in the mid-teens in percentage terms. Such guidance is based on the exchange rate between the Euro and the U.S. dollar as of November 19, 2013.

For the full year 2013, the Company revises its previous PV module shipment guidance of between 2.3 GW and 2.4 GW to 2.58 GW and 2.62 GW.

CHANGZHOU, China, Nov. 5, 2013 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, announced today the following updates to its previous guidance made for the quarter ended September 30, 2013.

The Company estimates its solar module shipments in the third quarter of 2013 to be between 750 MW to 780 MW, compared to the Company's previous guidance of 650 MW to 680 MW. Additionally, for the third quarter of 2013, the Company estimates that its overall gross margin to be between 14.5% to 15.5%, compared to the Company's previous guidance of low double digits in percentage terms.

The Company expects its net earnings results in the third quarter of 2013 to be impacted by:

• An incremental accounts receivable provision of between $9.5 million and $10.5 million.
• A foreign currency exchange gain of $7.5 million to $8.5 million, net of change in fair value of derivative instruments.

As these selected estimated results are subject to the finalization of the Company's financial closing procedures, the Company's actual results may differ from its current estimates.

The Company will confirm or revise its previous module shipment guidance of between 2.3 GW to 2.4 GW for the full year 2013 during its third quarter 2013 earnings conference call.

The Company will announce its third quarter 2013 results via conference call at 8:00 a.m. ET on November 19, 2013. Conference call details may be found via separate announcement, available at the Investors Center of the Company's website at

CHANGZHOU, China, Oct. 11, 2013 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company") commented today on the filing of an antitrust and unfair trade practice lawsuit by Energy Conversion Devices against Trina Solar and other China-based solar manufacturers in the U.S. District Court for the Eastern District of Michigan. The Company believes the lawsuit is without merit and will vigorously defend itself against the baseless allegations in the complaint.  The Company is not in a position to evaluate the potential impact of this lawsuit on its business at this time

Second Quarter 2013 Financial Results

• Net revenues were $440.7 million, an increase of 69.4% from the first quarter of 2013
• Gross profit was $51.2 million, compared to $4.4 million in the first quarter of 2013
• Net loss was $33.7 million, compared to a net loss of $63.7 million in the first quarter of 2013
• Loss per fully diluted American Depositary Share ("ADS" and each ADS represents 50 of the Company's ordinary shares) was $0.47, compared to $0.90 in the first quarter of 2013

"I am pleased to announce that we achieved record quarterly shipment numbers in the second quarter of 2013, exceeding our original guidance by more than 100 MW," said Mr. Jifan Gao, chairman and CEO of Trina Solar. "With robust global demand, we took full advantage of our global sales network and strong brand to seize available commercial opportunities. In terms of pricing, the average selling price ("ASP") of modules has stabilized, reversing the falling trend seen in previous quarters. As a result of our on-going efforts to improve operational efficiency and control manufacturing costs, we achieved continuing reductions in non-silicon costs, which contributed to quarter-on-quarter margin improvement.

"In the second quarter, there was regulatory uncertainty surrounding the E.U.'s anti-dumping case against PV imports from China. Geographic diversification of revenue helped to mitigate such regulatory risks. We achieved strong sequential shipment increases in growth markets, including China, the U.S., India and Japan, which added to our stable shipments to Europe. We continue to monitor the latest developments in the trade case and are encouraged by the recent solution negotiated between the E.U. and China. We remain committed to continuing to serve our customers and business partners in Europe, with whom we have built strong relationships.

"In terms of project development, we made good progress on the 50 MW power plant project in Wuwei, Gansu Province, China in the second quarter. Construction has been completed and we expect the facility to be grid connected and commence initial electricity generation by the end of the third quarter of 2013. For our downstream systems business, we remain focused on research and development and committed to delivering innovative products and solutions to lower installation costs, while enhancing the efficiencies and ease-of-use of solar energy.

"Following the end of the second quarter, we completed the redemption of all remaining outstanding convertible senior notes when they became due in July 2013. We continue to manage our balance sheet and liquidity position carefully, which will ensure that we have the necessary resources to develop downstream opportunities."

Third Quarter and Fiscal Year 2013 Guidance

During the third quarter of 2013, the Company expects to ship between 650 MW to 680 MW of PV modules.

The Company believes its overall gross margin for the third quarter, taking into account wafer and cell quantities outsourced from third party suppliers to meet demand in excess of its internal capacity and other needs, will be in the low double digits in percentage terms. Such guidance is based on the exchange rate between the Euro and U.S. dollar as of Aug 20, 2013.

For the full year 2013, the Company revises its previous PV module shipment guidance of between 2.0 GW and 2.1 GW to 2.3 GW and 2.4 GW.

CHANGZHOU, China, July 17, 2013 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or "the Company"), a global leader in photovoltaic (PV) modules, solutions and services, today announced that it completed the redemption of its outstanding convertible senior notes due 2013 (the "Notes") on July 15, 2013 (the "Maturity Date"). With the completion of this redemption, Trina Solar has no outstanding convertible debt.

In July 2008, the Company issued $138 million in aggregate principal amount of the Notes. The Company began repurchasing its outstanding Notes during the fourth quarter of 2011. As set out in the Company's first quarter earnings release, approximately $84 million of the Notes were outstanding as of March 31, 2013. On the Maturity Date, the Company redeemed all remaining outstanding Notes, together with all accrued but unpaid interest.

CHANGZHOU, China, July 11, 2013 /PRNewswire/ -- Trina Solar Limited (NYSE:TSL) ("Trina Solar" or "the Company"), a global leader in photovoltaic modules, solutions and services, announced today that it has recently supplied 7 MW of photovoltaic modules to Ikaros Solar, a leading company dedicated to the installation of green solar energy systems, for an agricultural project in the UK.

Large-scale solar systems will be installed at Goose Willow Farm in the town of Abingdon in the UK, with the capacity to generate 7 MW using a total of 24,000 Trina Solar modules with power outputs of 290 Wp and 295 Wp.

"Trina Solar panels offer excellent efficiency, performance, and quality standards, and the company provides a wide range of solutions and services. Ikaros Solar is glad to begin this new collaboration with Trina Solar with this large project in the UK, and we hope this will be the first of many projects," commented Mr. Yves Devis, Group CEO of Ikaros Solar.

Trina Solar's multicrystalline PC14 series modules were chosen because they are especially adapted to large scale projects, as well as for their 15.2 percent efficiency, ability to generate up to 295W, and high performance under low light conditions. Furthermore, this Trina Solar module is able to bear snow loads of up to 5,400 Pa and wind loads of up to 2,400 Pa. All of Trina Solar's panels come with a 10-year workmanship warranty and a 25-year linear power output warranty.

"This first collaboration with Ikaros Solar is very important to us and we are looking forward to the continuation of our fruitful partnership. The proven quality of our products positions us as one of our customers' brands of choice because we are internationally recognized for our track record in product quality and reliability," said Mr. Ben Hill, President of Trina Solar Europe.

CHANGZHOU, China, July 2, 2013 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or "the Company"), a global leader in photovoltaic (PV) modules, solutions and services, today announced that it will redeem its outstanding convertible senior notes due 2013 (the "Notes") on July 15, 2013 (the "Maturity Date").

In July 2008, the Company issued $138 million in aggregate principal amount of the Notes. The Company began to repurchase its outstanding Notes in the fourth quarter of 2011. As set out in the Company's first quarter earnings release, approximately $84 million of the Notes were outstanding as of March 31, 2013. Since the end of the first quarter, the Company repurchased another$27 million of its outstanding Notes. To date, the Company had repurchased approximately US$81 million of the Notes. Trina Solar expects to redeem all of its remaining outstanding Notes of an aggregate principal amount of $57 million, together with any accrued but unpaid interest, on the Maturity Date.

First Quarter 2013 Results

• Net revenues were $260.2 million, a decrease of 26% from $349.8 million in the first quarter of 2012.
• Loss per fully diluted American Depositary Share was $0.90, compared to a loss of $0.42 in the first quarter of 2012.

"While the average selling price ("ASP") of modules continued to decline in the first quarter due to the lingering supply-demand imbalance in the global PV industry, the rate of decline has slowed from previous quarters," said Mr. Jifan Gao, chairman and CEO of Trina Solar. "In this environment, we continue to focus on improving operational efficiency and exercising financial discipline. In the first quarter, the reductions in non-silicon costs we achieved outweighed the fall in ASP, and we also collected a sizeable amount of overdue accounts receivables. These efforts enable us to maintain strong liquidity and a robust balance sheet, making us better positioned to capture future growth opportunities.

"At the beginning of the year, we announced that the Company had been awarded the right to develop a 50 MW solar project in Gansu province, China. We began construction on the project during the end of the first quarter and expect to connect the project to the power grid and begin limited production by the end of the third quarter of 2013. For our downstream systems business, we remain committed to focusing on R&D and delivering innovative products and solutions to lower installation costs, while enhancing the efficiencies and ease-of-use of solar energy."

Second Quarter and Fiscal Year 2013 Guidance

During the second quarter of 2013, the Company expects to ship between 500 MW to 530 MW of PV modules.

The Company believes its overall gross margin for the second quarter, taking into account wafer and cell quantities outsourced from third party suppliers to meet demand in excess of its internal capacity and other needs, will be in the middle single-digits in percentage terms. Such guidance is based on the exchange rate between the Euro and U.S. dollar as of May 29, 2013.

For the full year 2013, the Company maintains its previous guidance of 2.0 GW to 2.1 GW for total PV module shipments.

CHANGZHOU, China, May 14, 2013 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) (" Trina Solar " or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, announced today the following updates to its previous guidance made for the quarter ended March 31, 2013.

The Company estimates its solar module shipments in the first quarter of 2013 to be between 390 MW to 400 MW, compared to the Company's previous guidance of 420 MW to 430 MW. Additionally, for the first quarter of 2013, the Company estimates that overall gross margin to be between 1.0% to 3.0%, in-line with the Company's previous guidance of low single digits in percentage terms.

The Company further expects that its bottom line results in the first quarter of 2013 be impacted by:

• An accounts receivables provision reversal of between $10.5 million to $11.5 million.
• A foreign currency exchange loss between $18.5 million to $19.5 million, net of changes in fair value of derivative instruments.

The Company will confirm or revise its previous shipment guidance of between 2.0 to 2.1 GW for the full year 2013 during its first quarter 2013 earnings conference call.

SAN JOSE, CA and CHANGZHOU, China, October 11, 2012 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company") offers the following statement regarding the final determinations of antidumping and countervailing duties (AD/CVD) by the U.S. Department of Commerce ("DOC") in the AD/CVD investigations on Crystalline Silicon Photovoltaic Cells, Whether or Not Assembled into Modules, from China.

On October 10, 2012, the DOC announced its final determination regarding the duties applicable to these imports. Trina Solar, a producer and exporter of these products to the United States market, received a combined effective net rate of 23.75% (out of a range from 23.75% to 254.66%). This rate is comprised of AD duties of 18.32% and CVD duties of 15.97%, of which an export subsidy of 10.54% is subtracted from the AD duties calculation to avoid double application. Trina Solar has prepared for this potential outcome and continues to abide by its contractual commitments.

The DOC also reaffirmed that the scope of the case would be limited to solar cells and modules manufactured using solar cells produced in China.

Trina Solar continues to actively defend its position before the International Trade Commission ("ITC"), which in November of 2012 is expected to make separate determinations of economic injury as well as critical circumstances before the AD/CVD duties can be imposed.

At the end of these cases, Trina Solar will consider whether it is necessary and prudent to appeal the final determinations issued by the DOC or the ITC.

"While we disagree with the Department of Commerce's conclusions in this case, we will abide by their decision and look forward to the ITC's final ruling on this issue in November," said Jifan Gao, Chairman and Chief Executive Officer of Trina Solar. "We are a strong, resilient company and we will continue to innovate, drive technological advances and bring clean energy to the U.S. and around the world."

"We highly value our U.S. customers and business partners, and their loyal support throughout this process," said Mark Mendenhall, President of Trina Solar Americas. "We look forward to final resolution of this case and will continue to build strong relationships and to grow our North American business to meet our customers' needs."

CHANGZHOU, China, September 12, 2012 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, today announced its plans to streamline its organizational structure to optimize business operations.

"In order to overcome the challenges of an increasingly competitive landscape in today's solar PV industry and achieve sustainable development, we are taking company-wide initiatives to streamline our organization. These initiatives include separating our PV module and systems business units and adopting an operating expense reduction program, which will involve some headcount reductions," said Mr. Jifan Gao, Chairman and CEO of Trina Solar, "These measures will enhance the Company's agility in responding to the needs of different customers and commercial opportunities. The Company also hopes that these initiatives will allow us to improve our competitiveness and elevate our standing as an industry leader in measures beyond cost leadership."

"In bringing down our operating expenses, we will become a more competitive organization," said Mr. Terry Wang, CFO of Trina Solar. "This streamlining is planned to enhance management efficiency. Going forward, our continued success in the solar PV industry will largely depend upon our ability to strategically allocate our resources in the most efficient manner."

Second Quarter 2012 Financial and Operating Highlights

• Net revenues were $346.1 million, a decrease of 1.1% sequentially
• Gross profit was $29.0 million, an increase of 43.1% sequentially
• Net loss was $92.1 million, compared to net loss of $29.8 million in the first quarter of 2012
• Earnings per fully diluted American Depositary Share ("ADS") were negative $1.30, compared to negative $0.42 in the first quarter of 2012 (each ADS represents 50 ordinary shares)

"Industry overcapacity and demand constraints in newer and traditional PV markets contributed to deflationary pricing pressures in the second quarter, which adversely affected our operating margins and profitability," said Mr. Jifan Gao, Chairman and CEO of Trina Solar.

"Market demand challenges included uncertainty caused by changes in the system of feed-in-tariffs in markets such as Italy, the influence of potential anti-dumping tariffs in the United States, inventories due to project delays from U.S. customers that made purchases under the U.S. federal government's 1603 Program and project start-up delays by certain of our customers in China due to revised network planning and related bid award delays and financing limitations. Despite these uncertain market conditions, we tried to maintain gross profits by further lowering our manufacturing costs, which are on track to meet our previously stated year-end target.

"To address the increased competitiveness of our environment, we have recently restructured our global sales, marketing and project development structure. We anticipate that these changes will streamline the flow of information required in our day-to-day commercial decision-making to better serve the needs of our four global revenue regions and to expand our global customer base. Together with our expanding portfolio of innovative, technology-driven products and solutions and increased presence in regional markets, we believe these changes will better position us to secure our long-term position as an industry leader," said Mr. Gao.

"Our second quarter receivables provision largely reflects the overdue balances for certain customers," said Mr. Terry Wang, Chief Financial Officer of Trina Solar. "We continue our efforts to monitor and collect payments from these customers.

CHANGZHOU, China, July 30, 2012 /PRNewswire-Asia/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, announced today the following updates to its previous guidance made for the quarter ended June 30, 2012.

The Company estimates its solar module shipments in the second quarter of 2012 to be between 390 MW to 420 MW, compared to the Company's previous guidance of 500 MW to 520 MW for the reasons discussed below. Additionally, for the second quarter of 2012, the Company estimates that overall gross margin, including the impact of a provision for potential countervailing and anti-dumping duties and a non-cash inventory write-down in the range of $26 million to $28 million, to be 7.0% to 9.0%, compared to the Company's previous guidance of approximately 10%.

The Company further expects that its operating expenses in the second quarter of 2012 will be impacted by:

• A receivables provision between $45 million to $48 million primarily for certain customers' accounts receivables; and
• A foreign currency exchange loss between $22 million to $23 million, which was net of changes in fair value of derivative instruments.

The Company will confirm or revise its previous shipment guidance of between 2.0 to 2.1 GW for the full year 2012 during its second quarter 2012 earnings conference call.

"An overcapacity-induced deflationary pricing environment caused the shortfall in gross margin," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "Shipment volume fell short of our targets as US market uncertainty on the preliminary impact of the tariff resulted in stagnant demand in North America, and the timing of several large projects in China was pushed to the second half of 2012. Amidst these market conditions, we strived to maintain reasonable gross profits."

"The receivables provision results largely from the overdue balances for certain customers," said Mr. Terry Wang, CFO of Trina Solar. "Meanwhile, the Company is making a strong effort to collect payments from these customers."

As these selected estimated results are subject to the finalization of the Company's financial closing procedures, the Company's actual results may differ from its current estimates.

ZURICH, Switzerland, July 27, 2012 /PRNewswire-Asia/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company") offers the following statement regarding the EU ProSun Initiative Group's announcement that a formal request was rendered with the European Commission to investigate alleged unfair importation of solar products made in China.

Trina Solar believes that its transactions with customers in Europe were made in accordance with fair trade practices. It has, and will continue to, adhere to prudent and recognized industry practices and standards in the European Union. Trina Solar is confident that these facts will be affirmed with the proceedings.

"Trina Solar's track record of technology innovation has contributed to great value creation for our global and European partners," said Jifan Gao, Chairman and Chief Executive Officer of Trina Solar.

"We remain committed to the strong relationships we have developed in the European solar industry and will continue to deliver industry leading solutions together with our customers," added Ben Hill, President of Trina Solar Europe. "Open markets and increased competition have made solar energy in the European Union affordable, contributing to an increasingly diversified European energy mix and progress toward the ambitious EU 2020 climate change targets and 2050 roadmap. Today, the price for solar energy is already competitive with more carbon-intensive energy sources in some areas in Europe. A misguided trade conflict could undermine years of solar industry progress, investment and innovation in Europe," said Mr. Hill.

As before, Trina Solar remains dedicated to bringing the sustainable benefits of clean and innovative solar energy products and services to residential, commercial and utility scale customers worldwide.

ONTARIO, July 10, 2012 /PRNewswire-Asia/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or "the Company"), a leading integrated manufacturer of solar photovoltaic (PV) products from ingots to modules, today announced a new Ontario sales and business development office as the Company also announces a partnership with Silfab Ontario, enabling Trina Solar to offer world-class modules that are locally-manufactured for the Canadian market.

Trina Solar's establishment of a Canadian subsidiary, Trina Solar (Canada) Inc., represents the Company's commitment to the Canadian solar PV market. Fueled by a forward-thinking feed-in tariff, Ontario has become the second largest North American solar PV market after California.

"Trina Solar sees the Canadian market as an opportunity to expand our sales efforts and create local jobs by providing clean energy that fights global warming," said Mark Paddison, Trina Solar's newly appointed company representative who has nearly three decades of experience working in Canadian and American PV sectors. "We foresee strong growth for the Canadian industry that could reach 1GW by 2015. We look forward to participating more directly in the growth of the industry and to collaborating with our Canadian partners to bring solar PV to the next level of adoption and popularity."  Full release.

CHANGZHOU, China, June 26, 2012 /PRNewswire-Asia/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, announced today that its board of directors and audit committee approved the appointment of KPMG as its independent auditors for the year ending December 31, 2012.  The selection of KPMG was made as part of a structured rotation of the Company's audit service providers and is subject to shareholder's approval at the Company's annual general meeting.  The Company is working closely with its prior audit firm, Deloitte Touche Tohmatsu CPA Ltd. ("Deloitte"), and KPMG to ensure a seamless transition.

"We would like to thank Deloitte for the service of their experienced and dedicated team over the past several years," said Mr. Jifan Gao, chairman and chief executive officer of the Company.  "We look forward to working with the KPMG team."

Deloitte's report on the Company's consolidated financial statements for the past two years did not contain any adverse opinion or a disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope, or accounting principles.  In the Company's two most recent fiscal years and subsequent interim period preceding the appointment of the new auditors, the Company and Deloitte did not have any disagreements on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures that would have caused Deloitte to make reference to the subject matter of the disagreement in connection with its report on the Company's consolidated financial statements.

ZURICH, Switzerland, June 12, 2012 /PRNewswire-Asia/ - Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV) products from the production of ingots, wafers and cells to the assembly of PV modules, today announced a collaboration with Germany-based E3/DC to develop next generation energy storage solutions for homes and small businesses.

After introducing Trinamount in 2011 and announcing the launch of Trinasmart recently, Trina Solar further strengthens its position as provider of solar energy solutions. "We are very excited about this new collaboration," said Ben Hill, Head of Trina Solar Europe. "Storage is a key technology going forward. It helps to balance solar energy generation with consumption. Customers thus become independent from rising energy costs. We see increasing interest in storage solutions and wish to be at the forefront of this development."

While the collaboration provides Trina Solar access to best-in-class storage technologies, E3/DC benefits from Trina Solar's global footprint. "Trina Solar is a well established and well respected global solar brand," said Andreas Piepenbrink, managing partner of E3/DC. "Trina Solar's sales and marketing offices throughout Asia-Pacific, Europe and Americas allow us to reach out to a multiple of markets and a broad scope of customers. This is a highly important and promising collaboration for us."

First Quarter 2012 Results

• Solar module shipments were approximately 380 MW for the first quarter of 2012, compared to the Company's previous guidance of between 400 MW to 430 MW, representing a decrease of 10.6% sequentially
• Net revenues were $349.9 million, a decrease of 19.7% sequentially
• Gross profit was $20.3 million, a decrease of 34.7%
• Gross margin, including provisions for potential countervailing and anti-dumping duties totaling $26.2 million, was 5.8%, compared to the Company's previous guidance of low teens in percentage terms, compared to 7.1% in the fourth quarter of 2011
• Gross margin, excluding provisions for potential countervailing and anti-dumping duties, was 13.3%
• Loss from operations was $39.9 million, compared to operating loss of $62.9 million in the fourth quarter of 2011
• Operating margin was negative 11.4%, compared to negative 14.4% in the fourth quarter of 2011
• Net loss was $29.8 million, compared to net loss of $65.8 million in the fourth quarter of 2011
• Earnings per fully diluted American Depositary Share ("ADS") were negative $0.42, compared to negative $0.93 in the fourth quarter of 2011

"While we maintained relatively strong shipments in a seasonally low first quarter, continued module price declines adversely impacted our profitability despite significant cost improvements." said Jifan Gao, Chairman and Chief Executive Officer of Trina Solar. "Additionally, our first quarter benefited from shipments to the United States in connection with qualified projects under the U.S.'s 1603 Federal Grant Program."

"Though we see further signs of industry consolidation, we are addressing the challenges of the current market environment by accelerating the delivery of innovative, technology-driven products and providing differentiated service offerings."

"Lower system costs continue to drive market opportunities throughout the Americas and our market development efforts have expanded in South America, the Caribbean Islands and in Canada, where we have established a legal operating entity in Ontario. Meanwhile, in Africa and the Middle East, we are working with a growing number of local developers and utilities to supply power purchase agreement-driven projects, which are increasingly independent of traditional feed-in-tariffs.

"Finally, in the area of corporate social responsibility, we are very pleased by our recent number one overall ranking in the Silicon Valley Toxics Coalition's 2012 Solar Scorecard. We believe this reflects our increasing effort and commitment toward ensuring our role in the PV sector remains positive for the environment, our workers, and the communities in which we conduct our business."

Second Quarter and Fiscal Year 2012 Guidance

For the second quarter of 2012, the Company expects to ship between 500 MW to 520 MW of PV modules.

The Company believes its overall gross margin for the second quarter, including the impact of provisions for potential countervailing and anti-dumping duties, will be approximately 10 percent. This figure takes into account wafer and cell requirements outsourced to third party suppliers to meet demand in excess of its internal capacity. Such guidance is based on the exchange rate between the Euro and U.S. dollar as of May 23, 2012.

For the full year 2012, the Company expects total PV module shipments between 2.0 to 2.1 GW, representing an increase of 32.5% to 39.1%, respectively, from 2011.

CHANGZHOU, China, May 18, 2012 /PRNewswire-Asia/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company") offers the following statement regarding the preliminary determination of antidumping duties by the U.S. Department of Commerce (the "DOC").

On May 17, 2012, a preliminary determination was announced by the DOC in Washington, DCregarding the exportation of crystalline silicon photovoltaic cells and modules from China. A preliminary antidumping duty ("AD") rate of 31.14% was calculated to apply to the importation intothe United States of Trina Solar's solar cells and modules/panels produced in China.

The DOC also preliminarily determined that the AD investigation does not apply to modules manufactured in China that incorporate solar cells produced in a third country. This decision is consistent with DOC's prior preliminary determination in the parallel countervailing duty ("CVD") investigation of the same products. The DOC found "critical circumstances" and therefore the AD rate will apply retroactively to imports, beginning approximately 90 days prior to the preliminary determination. Trina Solar continues to actively defend its position in these administrative proceedings.

"Trina Solar's innovation and globalization has helped to create great value for our stakeholders," said Jifan Gao, Chairman and Chief Executive Officer of Trina Solar. "Current market conditions illustrate precisely why we have been conservative in the past, and why we place a priority on building a strong balance sheet. We believe that the quality of our panels and the strength of our team will ensure that we continue to serve the US market for the long term."

"We remain committed to the very close relationships we have developed in the US solar industry and will continue to deliver industry leading solutions together with these customers," added Mark Kingsley, Chief Commercial Officer of Trina Solar. "Our primary objective remains to sustainably drive down total installed per watt cost through the use of our proprietary high-efficiency module know-how in combination with industry best practices on balance of system cost optimization. This is simply what is required to unlock the next level of fossil fuel replacement in the United States. Any duties are short-sighted impediments to this worthy goal."

Kingsley concluded, "We intend to strongly defend with data our position that these duties are unwarranted and serve as an impediment to the broader adoption of solar energy in a time of rising fuel costs. As a forward-thinking global company, we will continue to assess our options to most effectively serve all of our markets, including our growing business in the United States."

ZURICH, Switzerland, March 22, 2012 /PRNewswire-Asia/ -- Trina Solar Limited (NYSE:TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV) products from the production of ingots, wafers and cells to the assembly of PV modules, today announced that it will launch a partner program for installers in German-speaking markets on the 2nd April 2012. The program is called Trina Solar Partner Plus and offers a number of benefits to registered members including exclusive offers, technical service, active sales support and first hand information. Interested installers can register free of charge at www.trinasolar-partnerplus.com. Early bird registrations until 1st April 2012 are rewarded with attractive offers. Trina Solar is the first top tier PV manufacturer from China to offer such a program to installers in German-speaking markets. The service offering of the program has been based on extensive research and addresses key installer needs.

"We are very excited to launch this program," said Ben Hill, Head of Trina Solar Europe. "Our Trina Solar Partner Plus program provides numerous benefits to installers under the motto 'You Deserve More.' Registered installers collect valuable points by buying our products. These points define membership privileges and can be used for attractive awards. Providing more support to installers generates more demand for our products and drives more sales, which means more business for our distribution partners. So our Trina Solar Partner Plus program is a double win - for installers and for our authorized business partners."

The start of Trina Solar's Partner Plus program comes shortly after the company was awarded the TOP BRAND PV quality seal in Germany. The award was based on representative surveys among installers and end customers carried out by the independent and renowned solar research institute EuPD. It proves that Trina Solar achieved a major increase in brand awareness and preference in Germany and is one of the best-known international brands among installers.

"It is an honor for us to be recognized as one of the top brands that are authorized to carry the TOP BRAND PV seal," said Ben Hill. "Our Partner Plus program builds on this trust, further deepens our relationship with installers and rewards their loyalty to our brand. The trust in our brand is based on superior product quality, reliability as a partner, solid financials and strong local customer service." Trina Solar is planning to roll out the Partner Plus program in other key European markets in 2012

Fourth Quarter 2011 Financial and Operating Highlights

• Solar module shipments were approximately 425 MW for the fourth quarter of 2011, compared to the Company's previous guidance of between 320 MW to 350 MW, a sequential increase of 14.8%
• Net revenues were $435.7 million, a decrease of 9.6% sequentially
• Gross profit was $31.0 million, a decrease of 40.4% sequentially
• Gross margin was 7.1%, compared to the Company's previous guidance of approximately 10%, and to 10.8% in the third quarter
• Loss from operations was $62.9 million, compared to an operating loss of $23.5 million in the third quarter of 2011
• Operating margin, including receivables and supplier prepayment provisions totaling $25.4 million, was negative 14.4%, compared to negative 4.9% in the third quarter of 2011
• Net loss was $65.8 million, compared to a net loss of $31.5 million in the third quarter of 2011
• Earnings per fully diluted American Depositary Share ("ADS") were negative $0.93, compared to negative$0.45 in the third quarter of 2011

"We achieved notable sequential shipment growth in the fourth quarter as we expanded sales in our existing major and newer emerging markets. Despite this achievement, growth in worldwide module capacity and peaked channel inventory resulted in significantly lower product prices which adversely affected our bottom line results, whereby our cost reduction was not sufficient to offset lower ASPs." said Jifan Gao, Chairman and Chief Executive Officer of Trina Solar. "Most notably, as a result of our diversified sales by region, revenue outsideEurope exceeded fifty-percent of global sales for the first time in our history.

"We finished 2011 with annual shipment growth of approximately 43% over 2010. We believe that our broader geographic sales mix will better position us for future growth in both sales and income as expected price stabilization is realized.

"We will continue our focus on combining innovative products and manufacturing efficiency to respond to and anticipate customer's needs by extending service offerings and integrating our technology developments into improved end-user solutions. For our U.S. customers, we recently launched a fully-integrated solution that encompasses in-house design services, our recently-commercialized high performing 'Honey' modules and Trinamount, which saves time on the installation process to lower total system costs.

"Despite challenges facing the market, we expect the global solar industry to experience long-term growth and that further consolidation will occur among the smaller solar companies in the next few years. We maintain our position as a top-tier and renowned manufacturer of high quality solar products. Our recent ISO14064-1:2006 verification from the British Standards Institute is evidence of our commitment to lead the PV industry in sustainable development.

"Lastly, with installed PV systems becoming increasingly affordable, we see evidence of increasing solar demand in markets less dependent upon government support or utility rate premiums. The cost of solar power compares favourably against other alternative energies, such as wind, and is now below user-paid rates for an increasing number of markets and user categories. We believe this positive trend represents a great opportunity for our company and the solar industry in the future.

Operations and Business Outlook

Non-Silicon Cost
In the fourth quarter of 2011, the Company's non-silicon manufacturing cost for its core raw materials to module production reached approximately $0.64 per watt, compared to its previously announced target of $0.70 per watt by the end of 2011. The year-on-year reductions in non-silicon manufacturing cost were primarily due to more efficient manufacturing and higher cell conversion efficiencies, as well as reduced supply chain costs created by increased on-site recycling of consumable and non-consumable materials.

By the end of 2012, the Company expects to reach a non-silicon manufacturing cost of below $0.60 per watt through continued innovative technological and manufacturing process improvements involving proprietary processes for ingot, wafer, cell and module manufacturing, higher cell conversion efficiencies, and further supply chain and logistics management initiatives currently under testing or development.

CHANGZHOU, China, Feb. 16, 2012 /PRNewswire-Asia/ -- Trina Solar Limited (NYSE: TSL)today that its wholly-owned subsidiary, Trina Solar (Changzhou) Science & Technology Co. Ltd., has obtained a three-year structured term loan facility from Standard Chartered Bank.

The structured term loan facility is for an amount of up to US$100 million dollars, which may be drawn down in single or multiple tranches within the first 12 months. Each tranche is for a term of up to 36 months from the initial drawdown date, and may be extended for up to another two years. The facility will support the Company's announced East Campus project, which is expected to add approximately 500 MW of cell and module capacity and feature its high-efficiency Honey cell technology.

"We are very pleased to have received this financing to drive the commercial realization of our innovative technology," said Terry Wang, Chief Financial Officer of Trina Solar. "We recognize Standard Chartered Bank's consistent and strong support of solar energy's adoption through its renewable energy financing initiatives, including providing this loan to support the rollout of our new high-efficiency product."

Eric Lian, Managing Director and Head of Wholesale Banking Origination & Client Coverage, Co-Head of Wholesale Banking, Standard Chartered Bank (China) Limited, said, "We are very pleased to provide financial support to Trina Solar, a leading integrated manufacturer of solar photovoltaic products. Standard Chartered is a firm supporter of renewable energy. We have integrated environmental and sustainable development criteria into our lending and investment decision making processes, and established deep relationships with many clients in the clean energy sector. Leveraging on our global expertise in sustainable business, we are committed to developing financial products and services for Chinese corporates in the clean energy industry to facilitate a shift to a low-carbon economy in China."

In addition to this term loan, Standard Chartered Bank has worked closely with Trina Solar since 2008, providing short-term working capital and trade financing facilities, as well as products that support the Company's foreign exchange hedging program.

Third Quarter 2011 Results

Second Quarter 2011 Results

• Net revenues were $579.5 million, an increase of 5.2% sequentially and 56.3% year-over-year
• Net income was $11.8 million, compared to net income of $47.7 million in the first quarter of 2011 and $38.7 million in the second quarter of 2010
• Earnings per fully diluted American Depositary Share ("ADS") were $0.17, compared to $0.63 in the first quarterof 2011 and $0.52 in the second quarter of 2010

CHANGZHOU, China, August 2, 2011 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, announced today the following updates to its previous guidance made for the quarter ended June 30, 2011.

Despite achieving record shipment volumes in the second quarter, the Company estimates its solar module shipments in the second quarter to be in the range of 395 MW to 397MW, compared to the Company's previous guidance of 430 MW to 450 MW for the reasons discussed below.

Additionally, for the second quarter 2011, the Company estimates:

- Gross margin relating to its in-house wafer production and module production to be approximately 20%, compared to the Company's previous guidance of in the mid 20s in percentage terms; and

- Overall gross margin to be in the range of 17.0% to 17.5%, compared to the Company's previous guidance of in the low 20s in percentage terms.

"While shipment volumes in the second quarter were our highest ever, sales were adversely impacted by extended slower demand and high industry inventory due in part to recently issued regulatory revisions and reduction in solar subsidies in Italy," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "We expect a significant improvement in production costs and an increase in shipment volumes in the third quarter."

CHANGZHOU, China, July 8, 2011 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, announced holders of the Company's 4.00% Convertible Senior Notes due 2013 (the "Securities") have the right to surrender their Securities for purchase by Trina Solarpursuant to the terms of the indenture for the Securities (the "Option"). The Option expires on August 4, 2011.

The Option entitles each holder of the Securities to require the Company to purchase, on August 5, 2011, all or any part of such holder's Securities at a price equal to the principal amount plus accrued and unpaid interest.Trina Solar will pay the purchase price solely with cash. Holders that do not surrender their Securities for purchase pursuant to the Option will maintain the right to convert their Securities, subject to the terms, conditions and adjustments applicable to the Securities.

The opportunity to surrender Securities for purchase pursuant to the Option will terminate at 5:00 p.m., New York City time, on August 4, 2011. In order to exercise the Option, a holder must follow the procedures set forth in the notice to holders. Holders may withdraw any Securities previously surrendered for purchase at any time prior to 5:00 p.m., New York City time, on August 4, 2011.

Trina Solar will file a Tender Offer Statement on Schedule TO for the Securities with the Securities and Exchange Commission. In addition, documents specifying the terms, conditions and procedures for surrendering and withdrawing Securities for purchase, including the notices to holders, will be available through The Depository Trust Company and the paying agent. Neither Trina Solar nor its Board of Directors or employees have made or are making any representation or recommendation as to whether or not any holder should surrender any Securities.

First Quarter Results:

• Net revenues were $550.9 million, a decrease of 14.2% sequentially and an increase of 63.5% year-over-year
• Gross profit was $151.3 million, a decrease of 25.0% sequentially and an increase of 45.1% year-over-year
• Gross margin was 27.5%, compared to the Company's previous guidance of mid to high 20s in percentage terms, compared to 31.4% in the fourth quarter of 2010 and 30.9% in the first quarter of 2010
• Gross margin relating to the Company's in-house wafer production to module production was 32.2%, compared to the Company's previous guidance of approximately 30%
• Operating income was $84.5 million, compared to $145.1 million in the fourth quarter of 2010 and $76.0 million in the first quarter of 2010
• Operating margin was 15.3%, compared to 22.6% in the fourth quarter of 2010 and 22.6% in the first quarter of 2010
• Net income was $47.7 million, which included a net foreign currency exchange loss of $24.1 million, compared to net income of $145.3 million in the fourth quarter of 2010 and $44.5 million in the first quarter of 2010
• Earnings per fully diluted American Depositary Share ("ADS") were $0.63, compared to $1.87 in the fourth quarter of 2010 and $0.66 in the first quarter of 2010

"Building off our quality-performance and manufacturing efficiency leadership, in 2011 we are increasingly focused on elevating our technology innovation, customer orientation and corporate social responsibility advantages. As we further differentiate our brand, we believe such enhancements are directly responsible for our recent successes in supplying large commercial and utility-scale segments in Italy, Germany and the United States."

CHANGZHOU, China, Feb. 22, 2011 /PRNewswire-Asia-FirstCall/

Fourth Quarter 2010 Financial and Operating Highlights

• Solar module shipments were approximately 351 MW for the fourth quarter of 2010, compared to the Company's previous guidance of approximately 300 MW, representing an increase of 20.7% sequentially and 114.3% year-over-year
• Net revenues were $641.8 million, an increase of 26.3% sequentially and 104.9% year-over-year
• Gross profit was $201.8 million, an increase of 26.6% sequentially and 97.4% year-over-year
• Gross margin was 31.4%, above the Company's previous guidance of approximately 30%, compared to 31.4% in the third quarter of 2010 and 32.6% in the fourth quarter of 2009
• Gross margin relating to the Company's in-house wafer production to module production was 36.5%, compared to its previous guidance of mid 30s in percentage terms
• Operating income was $145.1 million, compared to $113.0 million in the third quarter of 2010 and $64.4 million in the fourth quarter of 2009
• Operating margin was 22.6%, compared to 22.2% in the third quarter of 2010 and 20.6% in the fourth quarter of 2009
• Net income was $145.3 million, which included a net foreign currency exchange gain of $25.3 million, compared to net income of $82.9 million in the third quarter of 2010 and $48.8 million in the fourth quarter of 2009
• Earnings per fully diluted American Depositary Share ("ADS") were $1.87, compared to $1.08 in the third quarter of 2010 and $0.74 in the fourth quarter of 2009
• Non-GAAP EPS was $1.46 vs. $0.66

Full Year 2010 Results Financial and Operating Highlights

• Solar module shipments were approximately 1.06 GW, compared to the Company's previous guidance of approximately 1 GW, an increase of 164.8% from 2009
• Total net revenues were $1.86 billion, an increase of 119.8% from 2009
• Gross profit was $584.4 million, an increase of 146.4% from 2009
• Gross margin was 31.5%, compared to 28.1% in 2009
• Operating income was $417.3 million, compared to $135.4 million in 2009
• Net income for the full year was $311.5 million, an increase of 223.7% from 2009
• Earnings per fully diluted ADS for 2010 were $4.18, compared to $1.69 in 2009
• Non-GAAP  EPS was $4.06 vs. $1.72
  

"We are very pleased with our outstanding performance in the fourth quarter, which saw record shipment volume and resulted in our exceeding previous guidance for both the fourth quarter and full year 2010," said Mr. Jifan Gao, Chairman and CEO of Trina Solar.

"In a year of industry-wide ASP declines which made PV systems more affordable, our shipment volume and revenue more than doubled year over year and we continued to increase margins. This was achieved through our relentless drive for manufacturing and supply chain efficiency, increased local sales and expanded global support operations. Additionally, despite significant capacity expansion in 2010, we further strengthened our balance sheet over 2009 through our continued focus on maintaining positive operational cashflows."

"Our growth in 2010 demonstrates the successful execution of our strategy to expand sales across distribution segments and geographic end markets in North America and other exciting PV markets such as India, Australia and China. We believe this reflects growing customer appreciation of the high quality and performance of Trina Solar products, and our brand's increasing global recognition, which we are enhancing through premier marketing initiatives such as our Formula 1 team sponsorship."

"Our commitment to create high quality products remains critical to our success, and in the fourth quarter of 2010, we initiated construction of our Key State PV Research Laboratory, which is located next to our manufacturing facilities and a growing number of strategic supply partners operating within our state of the art Changzhou Trina PV Park.  We expect to complete the construction of the laboratory in late 2011."

"As we look to 2011 we will continue to focus on increasing the efficiencies of our new and existing products to reinforce our cost leadership, further build supportive customer relationships, and continue to implement environmental and health and safety best practice initiatives."

First Quarter and Fiscal Year 2011 Guidance

For the first quarter of 2011, the Company expects its shipment volume for PV modules to be slightly higher than that for the fourth quarter of 2010.

The Company expects its gross margin relating to its in-house wafer production to module production to be approximately 30% during the first quarter of 2011. The Company believes its overall gross margin, taking into account wafer and cell requirements outsourced to third party suppliers to meet demand in excess of its internal capacity, for the first quarter will be in the mid to high 20s in percentage terms. Such guidance is based on the average exchange rate between the Euro and U.S. dollar from January 1, 2011 to February 22, 2011.

For the full year of 2011, the Company expects total PV module shipments between 1.75 GW to 1.80 GW, representing an increase of 65.6% to 70.3% from 2010.

CHANGZHOU, China, March 1, 2011 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV) products from the production of ingots, wafers and cells to the assembly of PV modules, announced the signing of a licensing, sales and marketing partnership agreement with Zep Solar, Inc., a US based manufacturer of the first comprehensive platform for module-integrated installation hardware. This hardware is expected to deliver significant reductions to total system costs and will become one of the quickest ways to install PV arrays for residential and commercial roof applications.

Third Quarter 2010 Financial and Operating Highlights

• Solar module shipments were approximately 291 MW, exceeding the Company's previous guidance of 250 MW to 260 MW, representing an increase of 30.4% sequentially and 137.0% year-over-year

• Net revenues were $508.3 million, an increase of 37.1% sequentially and 103.5% year-over-year

• Overall gross margin was 31.4%, above the Company's previous guidance of approximately 30%, compared to 32.1% in the second quarter of 2010 and 28.5% in the third quarter of 2009

• Gross margin was 37.6%, above the Company's previous guidance of mid 30s in percentage terms, relating to its in-house wafer production to module production

• Operating income and operating margin were $113.0 million and 22.2%, respectively, compared to $83.3 million and 22.5%, respectively, in the second quarter of 2010

• Net income was $82.9 million, which included a net foreign currency exchange loss of $8.3 million, compared to net income of $38.7 million in the second quarter of 2010

• Earnings per fully diluted ADS were $1.08, which included the impact of a net foreign currency exchange loss of $0.11 per fully diluted ADS, compared to $0.52 in the second quarter of 2010

"We are very pleased to deliver another strong quarter which saw a record 30% jump in shipment volume and a sequential ASP increase, resulting in revenues surpassing a milestone of $500 million," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "We exceeded our previous shipment guidance and margin guidance due to ongoing strong demand and continued efficient execution."

"We have furthered our goal to build a globally recognized and trusted brand through raising the performance and reliability of our products to an expanding client base. As a result, we are increasingly becoming the supplier of choice in both established and emerging PV markets worldwide."

"We continue to see strong demand momentum into the fourth quarter and the outlook for 2011 is increasingly positive; we expect that demand for our products will outpace our planned capacity expansion in 2011. Our expansion will allow us to increase sales in high growth PV markets such as the United States and Japan, while expand our presence and sales in Australia and other emerging solar markets. In parallel, our continued investments in localizing customer service and increasing service levels allow us to target higher value end-segments and high profile projects and to further differentiate our product offerings from other brands.  We expect continuous gain in market share linked to our sales strategy and our emphasis on quality in our existing and new PV products and solutions."

Fourth Quarter and Full Year 2010 Guidance

For the fourth quarter of 2010, the Company expects to ship approximately 300 MW of PV modules.  

The Company expects its gross margin relating to its in-house wafer production to module production to be in the mid 30s in percentage terms during the fourth quarter of 2010.  The Company believes its overall gross margin, taking into account wafer and cell requirements outsourced to third party suppliers to meet demand in excess of its internal capacity, for the fourth quarter will be approximately 30%. Such guidance is based on the average exchange rate between the Euro and U.S. dollar from October 1, 2010 to November 30, 2010.

For the full year of 2010, the Company raises its guidance for total PV module shipments to be approximately 1 GW, compared to its earlier guidance of between 900 MW to 930 MW, representing an increase of approximately 151% from the annual PV module shipments in 2009.

Excerpts:

We are very pleased to report another quarter of strong operating results," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "We exceeded our previous guidance through both record shipment volumes, and despite significant Euro currency pressures, a sequential improvement in gross margin.

Our high quality products, well-recognized brand and customer loyalties allowed us to expand shipments to an increasing number of geographical end-markets and PV user segments. In addition to growing our business in Australia and Southeast Asia, we had notable successes in the United States. This included signing a landmark supply agreement with Southern California Edison to participate in their California Solar Program, a milestone utility-owned PV generation project in the United States.

We see increasing evidence that strong demand for our PV products will extend well into 2011, and we are currently looking into how best to manage capacity expansion to capture increasing global market opportunities.

Sales Outlook

As a result of strong demand for its module products in both European and non-European markets, the Company expects to increase its shipment volume in the second half of 2010 compared to the first half. Additionally, the Company expects to increase its percentage of global shipments to the United States in the second half of 2010.

2010 and 2011 Capacity Expansion

Through yield increases achieved from improved cell conversion efficiency rates, improved production efficiencies and manufacturing line enhancements, the Company has increased its annualized in-house production capacities of ingot and wafer as well as PV cells and modules to approximately 700 MW and 850 MW respectively as of June 30, 2010. The Company expects to expand its annualized cell and module production capacity to reach up to 950 MW by the end of August 2010.

By the end of 2011, the Company expects to expand its annualized in-house production capacities of ingot and wafer as well as PV cell and module production capacity to approximately 1.0 GW and 1.5 GW respectively.

For the third quarter of 2009, the Company expects to ship between 90 MW and 110 MW of PV modules.

For the full year of 2009, the Company reiterates the guidance for total PV module shipments between 350 MW to 400 MW, representing an increase of 74% to 99% from 2008.

Source: PR Newswire (July 27, 2009)

For the second quarter of 2009, the Company expects to ship between 60 MW to 65 MW of PV modules. The Company believes gross margin for the second quarter will likely be between 18% and 20%.

For the full year of 2009 the Company reiterates the guidance for total PV module shipments between 350 MW to 400 MW, representing an increase of 74% to 99% from 2008.

Source: PR Newswire (May 28, 2009)

Guidance Report:

Full Year Fiscal 2008 Guidance Ending December

 Source: PR Newswire (February 17, 2009)